| BUSINESSWEEK ONLINE : MARCH 22, 1999 ISSUE | ||||||||
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| PERSONAL BUSINESS
How Much to Retire? A 50-year-old earning $62,500 figures she'll spend 80% of her pre-retirement income during her first year of retirement. Here's how much she needs to save in each of the next 15 years if her spending in retirement... STAYS CONSTANT AT 80% $11,200 DROPS TO 64% AT AGE 75 8,458 DROPS GRADUALLY OVER 20 YEARS* 7,765 * For an average of 72% DATA: KENN TACCHINO AND CYNTHIA SALTZMAN, WIDENER UNIVERSITY _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ |
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