How much to retire in Chicago?
A new study calculated what you need to save if you hope to retire comfortably. A study from Smart Asset has found that retirement savings are necessary for an average retiree in 55 of the country's largest counties, including Chicago, to cover essential expenses and any additional expenses. The study also found that a renter with Social Security needs roughly $215,699 if they hope to retire, and a rentering with Social Insurance would need $381,657. For those not earning Social Security, the study found that 4.7% of your salary should be withdrawn for retirement for at least a 30-year period if you have plans to retire comfortably. For a homeowner, you should have around $742,596 and for renters, $908,553.
公開済み : 1時間前 沿って Nick Jachim の Finance
It's something that's always in the back of the mind of every worker in the United States — when can I realistically retire? A new study sought to find that exact answer down to the dollar.
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