ilmscore | Prediction Details
"Well, in order for you to retire, you want this number to be 4% of your total nest egg. So, if you want to live off of $40,000 a year, this has to be 4% of how much money you save towards retirement, which means you would need $1 million put aside to be able to retire comfortably"
By Minority Mindset | May 1, 2025 | Pending
From video
10 Money Moves You MUST Make Before You Turn 40 00:00:56 - 00:01:16
Interpreted Prediction
To retire comfortably and live off $40,000 per year, one would need $1 million saved, assuming a 4% withdrawal rate.

Prediction Details

Topic
Retirement Savings

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.