On April 24, 2021, From A. S., DDS
Thank you so much for spending the time with me. It was a real pleasure.
The table below is an approximate rule of thumb description of how much investors need to save by what age. The amounts include government contribution to investors’ figures.
|Equivalent of annual income|
|Three times annual income|
|Six times annual income|
|Eight times annual income|
|Ten times annual income|
In retirement, investors can safely withdraw 4% from their portfolios if someone else is managing them or 5% if they are do-it-yourself investors.
Can writing (selling) puts and calls lower those numbers?
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