My retirement income will be approx 60% of my current income. I will not have social security income. My 401K and other savings will add about another 20 to 25. It this realistic?
The only way to feel comfortable is to do a budget and see! The only advantage I saw is no social security deduction. My debts certainly stayed the same. So for me I needed to, more or less, earn the same income I did when I was working.
Yenmor
The only way to feel comfortable is to do a budget and see! The only advantage I saw is no social security deduction. My debts certainly stayed the same. So for me I needed to, more or less, earn the same income I did when I was working.
Soccerref