Friday, September 9, 2011 - 5:42 AM

Will You Need 135% Of Your Salary In Retirement?

The replacement ratio rule of thumb suggests you might need 75% of your current salary [...] to enjoy the same standard of living while in retirement as before. But according to research conducted by Dan Ariely, people need 135% of their final income to live the way they want in retirement.

KenBDG5,132 posts since
Nov 29, 2009
Rep Points: 116,925

1. Friday, September 9, 2011 - 10:40 PM

As usual, somebody has too much time on his hand, another piece of useless analysis (JMHO). Hey, just say "YMMV" would cover the multi-page non-sense.

51hh1,028 posts since
Jan 16, 2010
Rep Points: 4,709