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The more you earn, the higher your retirement savings rate needs to be

The main takeaway: Higher earners who are not covered by a workplace pension plan should probably be saving more than they ...
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I’m 58 and plan to retire in 5 years with a portfolio worth $2.5 million. I expect annual dividend income of $80K but worry this strategy too risky

C lose to retirement with a nest egg of more than $2 million? No wonder you’re thinking about retiring! To put this in perspective, you’re 58 years old with a $2.5 million saved in an investment ...