How much money you need to retire at every age and comfortably live on investment income
|08/15/2019||Posted by BusinessMediaguide.Com under General World News||
- To retire early and live comfortably on investment income from a taxable investment account, you need millions.
- We consulted Brian Fry, a certified financial planner and the founder of Safe Landing Financial, to run a simulation that estimates the lump sum an investor would need the day they retire to live on a target annual income of $100,000 a year or $65,000 a year, after investment income taxes.
- Although many early retirees continue to earn money after leaving their 9-to-5, these figures represent the minimum investment balance you would need to leave work and never turn back.
- Visit Business Insider’s read more >>>