How Much Do I Need To Retire?

Retirement Planning

My Annual Income

$0 $1,000,000

Expected Annual Expenses in Retirement

$0 $1,000,000

Retirement Length (years)

Expected Annual Rate of Return (%)

Social Security Income Replacement (%)

0% 100%

Results

This scenario may help you understand how much you'll need to save for retirement based on your inputs.

Average

$993,265

80% Rule

Without Social Security: $1,229,796

With Social Security: $737,878

10x Salary Rule

Without Social Security: $1,000,000

With Social Security: $600,000

25x Expenses

Without Social Security: $750,000

With Social Security: $450,000

Retirement Savings Comparison

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Sonja M. Elia is the Chief Compliance Officer for Salvus Wealth Management. She is located in the Jacksonville, Florida, office and is responsible for the behind the scenes daily operations and process management for the organization....

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Robert W. Joel, CFP®, is the Co-founder of Salvus Wealth Management and serves as Chief Investment Officer of the firm. He is also a member of the firm’s Management Committee and Investment Strategy Team. Bob has over 25 years of...

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Charles T. Woolston, CPA, MST, is the Co-founder and Chief Executive Officer of Salvus Wealth Management and is also a member of the Management Committee and Investment Strategy Team. Chuck has over 35 years of experience in advising...

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