Calculating a Retirement Income Replacement Ratio
October 30, 2009 by Mr. GoTo
Filed under Retirement Income
If you are like many not-yet-retired baby boomers, you want to know what percentage of your pre-retirement income you will need when you are retired. Some financial writers call this the “retirement income replacement ratio.” My advice? Do not use a percentage or ratio for this calculation. Let me explain. Read more
