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Old 01-02-2005, 10:26 AM
terry1156 terry1156 is offline
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Default Re: How much do I need for retirement?

I heard somewhere that a basic rule is $20 - $25 in savings for every dollar of income you'll need in retirement. So if you needed $50,000 a year in retirement, you would need $1 million to $1.25 million in retirement savings when you retired.
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