| Your Current Age
|
35
|
40
|
45
|
50
|
55
|
60
|
65
|
| Living Expenses:
|
|
|
|
|
|
|
|
| $50,000
|
961,845
|
892,843
|
828,790
|
769,333
|
714,142
|
662,909
|
615,352
|
| $75,000
|
1,442,768
|
1,339,264
|
1,243,186
|
1,154,000
|
1,071,212
|
994,364
|
923,029
|
| $100,000
|
1,923,690
|
1,785,685
|
1,657,581
|
1,538,666
|
1,428,283
|
1,325,818
|
1,230,705
|
| $125,000
|
2,404,613
|
2,232,107
|
2,071,976
|
1,923,333
|
1,785,354
|
1,657,273
|
1,538,381
|
| $150,000
|
2,885,535
|
2,678,528
|
2,486,371
|
2,308,000
|
2,142,425
|
1,988,728
|
1,846,057
|
| $175,000
|
3,366,458
|
3,124,949
|
2,900,766
|
2,692,666
|
2,499,495
|
2,320,182
|
2,153,733
|
| $200,000
|
3,847,380
|
3,571,370
|
3,315,162
|
3,077,333
|
2,856,566
|
2,651,637
|
2,461,409
|
| $225,000
|
4,328,303
|
4,017,792
|
3,729,557
|
3,462,000
|
3,213,637
|
2,983,092
|
2,769,086
|
| $250,000
|
4,809,225
|
4,464,213
|
4,143,952
|
3,846,666
|
3,570,708
|
3,314,546
|
3,076,762
|
| $275,000
|
5,290,148
|
4,910,634
|
4,558,347
|
4,231,333
|
3,927,778
|
3,646,001
|
3,384,438
|
| $300,000
|
5,771,070
|
5,357,056
|
4,972,742
|
4,615,999
|
4,284,849
|
3,977,455
|
3,692,114
|
| Assumptions |
| |
| Investment
rate of return - 8.00% |
| Inflation
rate - 1.50% |
| Years
in retirement - 25 |
| |
| |
| Note
1 - This analysis assumes that your living expenses
will increase from the current year until age 90. |
| |
| Note
2 - This schedule does not include the fact that
Social Security and pension benefits may cover some of the
living expenses of a retiree. |
| |
| Note
3 - We advise all individuals to seek the guidance
of a professional when planning for retirement. |
by
Gary
Grossman
|
