answersLogoWhite

0

The amount of money needed for retirement in the US varies depending on individual circumstances, but a common recommendation is to aim for a retirement savings goal of at least 10 to 12 times your annual income. This can provide a comfortable retirement with enough savings to cover living expenses, healthcare costs, and other needs. It's important to consider factors like inflation, investment returns, and lifestyle choices when determining your retirement savings goal.

User Avatar

AnswerBot

6mo ago

What else can I help you with?

Related Questions

How much money must you have to be popular?

you will not need money you will need 10 tips to become popular and you will think of it and then give us your answer.


Do you have to pay income tax on your retirement money you transferred from overseas to US?

I'm not sure what you mean by the overseas thing, or if it makes a difference. Most all retirement savings in thr US are nly tax deferred anyway...you don'tay the tax on the money you save when you earn it, but you do pay it when you withdraw it at retirement.


Total money presently invested in tax deferred retirement accounts in the US?

10 trillion


How much money do I need to declare at US Customs?

You need to declare any amount of money over 10,000 when entering the United States at Customs.


How much is the retirement fee of US Army?

Military retirement pay is generally 50% of your E-level pay when you retired from active duty.


How much is 2.79832 equal to us money?

You need to provide the type of currency you want to convert from.


I am 69 years old and get a 1099-R form stating my total Retirement for the year. I started getting my Retirement when I was 65. I am still working and earning income. I live in Pennsylvania and was wondering if I need to claim my 1099-R retirement mo?

i think that you should just in case your job closes down. then you will not be able to get the retirement money. its my opinion. yo u can choose to do whatever you want with the money. you can choose to take it or leave it. besides why are you asking us, its your money and job. they could be useful to for paying taxes or whatever you want. like i said earlier, its your money,job,and income.so you can do what ever you want t do with it.


Does a veteran get a retirement check?

In the US, persons that serve long enough to retire from the military draw a retirement payment. Not all veterans are retirees. If your husband has deceased, DOES HIS WIFE GET HIS RETIREMENT CHECK? Answer: There is no one answer, since there is no one retirement program. You will need to check with the retirement agency.


How much money do you get for being a US Marshals Service?

This is easy go to opm.gov and click on benefits and salaries. Most Deputy Marshals make anywhere between $50,000 to start and $115,000 at retirement.


Why is insurance trying to trick us?

because chuck norris said that they are lying about the befits and they take our retirement money.


How much a US dime is worth?

A US dime is worth either:ten penniestwo nickles


How much is 6.98 in the UK in US money?

how much is 6.98 in the united kingdom in us money