How much to save for retirement today? How much to save for retirement every year Retirement needs

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How much to save for retirement today?
How much to save for retirement every year

Retirement needs at the age below:

current age 45

Retirement age 67

Life expectancy 95

The current income level is $250000

Income replacement ratio 80%

Social security benefit today's value 28000

Inflation 3% pre-retirement income rate 8%

Replacement rate 6.5%

Related Book For answer-question

Fundamentals of Corporate Finance

ISBN: 978-0132148238

2nd edition

Authors: Berk, DeMarzo, Harford

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Posted Date: Apr 06, 2023 06:55 AM

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How much to save for retirement today? How much to save for retirement every year Retirement needs

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Fundamentals of Corporate Finance

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