How much in savings investors need to have by what age in order to retire at 65

On April 24, 2021, From A. S., DDS

Thank you so much for spending the time with me. It was a real pleasure.

One question. How much in savings should the average 55  year old have to retire?

Our answer

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.

By age



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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Dr. Milan Somborac

The Monday Morning Millionaire Program supports do-it-yourself (DIY) investors which I have been for over 50 years. About my team and me