What percentage of your current income do most financial advisers say you should retire with?

Public Comments

1. "most" advisers say 80% but then, they're selling products to you and the products are expensive -- so they're going for some sale instead of more safety in income. personally, I notice that we have more time to spend now that we're partly retired. more time = more spending [it's the grandkids' fault. if they weren't so precious we'd not spend on them.] so, the radical notion I put in my retirement plan is 100% of income. [yes, I've heard the argument that your expenses related to work will disappear. Commuting, clothes, lunches, publications, and whatever else goes into that. I ignore the idea. Sure -- it's true at one level. And having the time to go places tends to lead us to go places -- and that costs.] besides, you'd best not be counting too heavily on Social Security or Medicare [on other government retirement benefits in your country]. the programs require either a massive tax increase, or cuts in benefits, or both [since investing in something that returns more than government debt is strictly verboten]. My guess is that you should count on at least all of Social Security being taxable income AND the monthly premiums for Medicare reaching the $250 level, maybe more. GL
2. i do not know how you could come up with that figure but i have been retired now 13 years (live very well) and i think when you retire you need 75% of your disposal income!!!