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Why the Best Retirement Paycheck May Start Smaller Than You Expect

Drew Wood4h agoen
Read on 247wallst.com

From the article

The retirement income math often starts in the wrong place. A retiree who wants $60,000 a year might divide that figure by a portfolio yield and assume the highest yield is the most efficient path: about $1.71 million at 3.5%, $857,000 at 7%, or $500,000 at 12%. On day one, the 12% portfolio looks like ... Why the Best Retirement Paycheck May Start Smaller Than You Expect
Continue reading on 24/7 Wall St.

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