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More like 12 years. If you retire in 10 years, you will need more than 25 years of retirement spending.
by Evbn 14y ago
More like 12 years.
If you retire in 10 years, you will need more than 25 years of retirement spending.
- JoshTriplett 14y agoNope, that calculator assumes you want enough retirement savings to cover your expenses indefinitely. The numbers do vary based on your assumed rate of return; a more conservative estimate would put it at ~9.1 years, while a more aggressive estimate would put it at ~7.3.