Re:Why work has failed us: Because no one can afford to reti...
by bdcravens on Friday September 07, 2018 @11:24AM
(#17934973)
Varies - how much will you spend in retirement and what do you expect for a return? You need to factor in inflation, since $1 today buys more today than it will when you retire.
https://www.nerdwallet.com/investing/retirement-calculator is a good calculator for this. (though I'm not a fan of its spending assumptions - if in retirement you have paid for houses and cars you definitely will be spending far less than today)
https://www.nerdwallet.com/investing/retirement-calculator is a good calculator for this. (though I'm not a fan of its spending assumptions - if in retirement you have paid for houses and cars you definitely will be spending far less than today)