"Estimate Retirement Income"
This is a news story, published by Yahoo Finance, that relates primarily to Social Security news.
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retirement budgetSmartAsset
•What's a Realistic Retirement Budget? I'm 48 With $430k Saved, Making $95,000 Annually
77% Informative
A popular rule of thumb is that you'll usually need about 80% of your working income to maintain the same standard of living.
At age 48 you may well have several expenses that you shouldn't expect in retirement.
Remember the long-term costs associated with retirement, including taxes and inflation.
The rule of thumb is that you will need about 80% of your current income to maintain your standard of living in retirement.
By estimating your Social Security benefits and likely portfolio returns, you can forecast what your portfolio will earn in the long run.
Even with a conservative portfolio strategy, you're currently in a strong pre-retirement position.
VR Score
71
Informative language
65
Neutral language
52
Article tone
informal
Language
English
Language complexity
38
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
long-living
External references
14
Affiliate links
no affiliate links