how much would it take for me to retire at age 46?

Answer 1

Since you seem to know when you are going to retire, how long are you going to live? Seriously, it is recommended that you spend no more than 4 percent of your retirement nest egg each year to prevent outliving your money. So the real question is how much do you plan to spend each year? Once you decide that then multiply that amount by 25 and that should give you a rough amount. Good luck.

Answer 2

To retire at the age of 45 you better start putting 100 to 200 aside a week for the rest of your life.. or find a job that will let you retire at the age of 45 my grnadpa is 65 and still not retired lots of luck.. and he owns his own buisness..

Answer 3

depends on where you choose to live then. In some places, cost of living is not high as others. And a lot depends on the lifestyle you'd choose at that time. Omitting all the "frills" I think you can get by with $1 mill in Asia - you should be fairly comfortable, not extravagant tho.

Answer 4

A lot of people say that you want something that gives you an income equal to about 70% of what you made while you were working, but that presumes that you won't want to take lavish trips or spend time on the golf course. Try the choosetosave.org website to calculate what you need.

Answer 5

There's no set amount. Depends on how smart you are with your money. If this question is indicative of your intellect I'd say you'd need about 768 trillion dollars.