Question

Most financial advisors say you'll need about 50 percent of your pre-retirement earnings to comfortably maintain your pre-retirement standard of living.

Answer 1

Hiii dear here is your short and understandable answer...

Most financial advisors say you'll need about 70 percent of your pre-retirement earnings to comfortably maintain your pre-retirement standard of living. If you have average earnings, your Social Security retirement benefits will replace only about 40 percent.


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