What is the minimum amount to ret...

What is the minimum amount to retire at 65? | Ep.81

Georgia Safe Retirement Planners by Georgia Safe Retirement Planners

Episode notes

Thinking about retiring at 65 but unsure if you have enough saved? In this episode, we break down a step-by-step guide to help you calculate the minimum amount needed to retire comfortably. From estimating 70% of your current household income to evaluating Social Security benefits, we dive deep into everything you need to know to see if your savings will be sufficient.

Here’s what we cover:

  1. Calculate Your Income Needs: Learn why 70% of your current income is a solid benchmark for your retirement income target—and how to calculate it.
  2. Social Security Benefits: We’ll discuss how to estimate your Social Security income at 65 and factor it into your retirement planning.
  3. Using an Annuity Calculator: Discover how to use our annuity calculator to project income from savi ... 
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