When can you quit?

Do you have any idea when you can retire? Sure, sure… you can walk off the job today if you want. What I really mean is, when can you afford to retire?

Everyone has different 401K plans and savings accounts. Much of the money you’ll see from those savings will depend on the economy. But the Social Security Administration has a benefits calculator that will give you an idea of how much you would get from SSI if you left work now, when you’re 62 or (and we hope we won’t have to work this long) when you’re 85! It’s pretty handy; and should help you adjust your other savings accordingly.

Advertisements

There are no comments on this post.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: