Greetings, iam Barbara Henderson, I hope today is better than yesterday.
How Much Should A 70 Year Old Retire With? [Solved]
By age 70, you should have at least 20X your annual expenses in savings or as reflected in your overall net worth. The higher your expense coverage ratio by 70, the better. In other words, if you spend $75,000 a year, you should have about $1,500,000 in savings or net worth to live a comfortable retirement.
Average Net Worth in Retirement | Age 65, 70, 75
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Self-Made Millionaire: Don’t Retire At 70
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5 Reasons You Shouldn’t Wait to Age 70 for Social Security
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