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by jonwachob91
3034 days ago
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>>> Take your total retirement savings and multiply it by 3%. For example, if you have $1.25m (retirement savings), multiplied by 0.03% (inflation), you get $45,000 in inflation. Then you subtract that number from your total savings: $1.25m - $45k = $880k. This will give you a baseline to understand your financial situation. I don't fully understand... 1.25M - 45k is most definitely not 880k. Did you do something else that you forgot to list? |
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