Category: Retirement

  • A More Precise Estimate of Retirement Savings Needs

    While The Rule of 375 is a quick way to estimate your retirement nest egg needs, there is a more thorough way to estimate your retirement savings needs. I have outlined the logic and calculations below using real-world values for the example. The formulas used are shown and are intended…

  • Life Expectancy

    Life expectancy is an important factor when planning for retirement. Although we can all plan for the age we will be at the start of retirement, none of us know for sure at what age our retirement will end.  The length of retirement is important since your retirement savings will…

  • The Rule of 375

    There’s a quick and simple way to determine how much retirement savings you need at the start of a thirty-year retirement starting in your sixties. The Rule of 375 which is based on the well-known 4% rule, uses your monthly spending requirement in retirement and factors in a rough 20%…