take a minute with this retirement calculator
In retirement, you will need $80,000 a year in income. (Because of inflation, in 2026, that will be equivalent to $148,823.)
Part of that income will come from your Social Security and/or pensions. To produce the rest, you should build up your nest egg (including your 401k, IRA and other savings accounts) to $1,528,006 by the time you retire. (In 2026, that will be equivalent to $2,842,542).
To save $1,528,006, your investments need to gain an average of 31.27% from now until retirement. We estimate that there is a 0.00% chance of this happening.
Posted by Donna Hickey at November 30, 2005 06:02 PM