36,000 each year is 4 of a 900,000 total retirement savings nest egg. If your expenses will cut back to 80 of that number in retirement, it means you'll expect to spend 36,000 a year. Let's say you have current expenses of 45,000 a year. High school algebra comes to mind, and all we need to do is solve for the X. It's the same math whether you retire early or later. How much you’ve saved, How much income it will generate, and How much you need to spend Those are the simple variables.
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