ilmscore | Retirement Savings Calculation Predictions
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Recent Predictions

Total: 2
Correct: 0
Incorrect: 0
Pending: 2
Unrated: 0
Prediction
Author
Predicted at
Status
Video
To calculate retirement needs, divide desired annual income by 4% (for a 7% investment return) and 7% (for a 4% investment return) to get a savings range of $1 million to $1.75 million for a $70,000 annual income.
"you're going to divide this number by 04 or 4% and then you're going to divide this number by 07 or ..."
Sep 5, 2024
Pending
To retire comfortably without working, one needs 25-30 times their annual expenses invested.
"assume you're going to need 25 to 30 times your annual expenses invested to be able to live comforta..."
Aug 30, 2021
Pending