At 48 with $ 430,000 saved and $ 95,000 income, what is the realistic retirement budget?

At 48 with $ 430,000 saved and $ 95,000 income, what is the realistic retirement budget?

Smartastit and Yahoo Finance LLC can earn a commission or revenue through links in the content below. As for the evaluation of your retirement income, it is a popular rule that you will usually need about 80% of your working income to maintain the same standard of living. This comes from a number of factors, … Read more

This is America’s “magic number” for retirement – and this is a smaller one this year

This is America’s “magic number” for retirement – and this is a smaller one this year

– Getty images The Magic Number Americans believe they need to retire comfortably, dropped to $ 1.26 million, which decreased by $ 200,000 from last year’s assumption, but remains well above what people have actually saved for their golden years. According to a new study by Northwestern Mutual, Americans have raised their opinion on what … Read more

Forget 60/40. Blackrock Larry Fink wants investors to accept 50/30/20.

Forget 60/40. Blackrock Larry Fink wants investors to accept 50/30/20.

Blackrock CEO, Larry Fink, offers a new aex for a centuries -old investment formula. Instead of a traditional division of 60/40 between shares and bonds, the famous asset manager wants daily investors to branch and diversify in the assets of the private market. “The future standard portfolio may look more like 50/30/20 – shares, bonds … Read more