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smt@wt.net

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Sallie Mullins Thompson, CPA PLLC

Navigating Your Financial Life Through Effective Tax Strategies

 

Retirement Planning

$0 $1,000,000
$0 $1,000,000
0% 100%

Results

This scenario may help you understand how much you'll need to save for retirement based on your inputs.

Average
$993,265
80% Rule
Without Social Security: $1,229,796
With Social Security: $737,878
10x Salary Rule
Without Social Security: $1,000,000
With Social Security: $600,000
25x Expenses
Without Social Security: $750,000
With Social Security: $450,000

Retirement Savings Comparison

 

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