How much income will I have in retirement?

Monday, August 24, 2015

When you’re old, and can’t work (or don’t want to) anymore, you retire. For most people, that comes around the age of 60 or 65. To stop work at this point, you need ‘passive retirement income’.

Hopefully, you’ve been sensible and saved some money from your salary each month over your working life to build up assets that will provide you with income. The question now is how much money should you take as Income each month?

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How much income will I have in retirement?

When you’re old, and can’t work (or don’t want to) anymore, you retire. For most people, that comes around the age of 60 or 65. To stop work at this point, you need ‘passive retirement income’.

Stanbic pretax profits up 11%

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Inspect the voters' roll!