Quantcast
Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you
ALERT

Memorial Day Sale: Dividend.com Premium Price Slashed — Redeem Now

Dividend logo

You would think, after all these years, a financial planning professional could figure out how much someone should save in order to generate sufficient retirement income.

There are many online retirement calculators, of course, and thousands of investment professionals who profess to provide the answer. The truth, however, is that the retirement income question is so complicated, and dependent on so many factors and assumptions, that figuring out a foolproof, fail-safe savings and drawdown strategy is next to impossible.

Don’t Despair About “The Number”

But there’s no reason to feel that it’s a hopeless quest to arrive at “The Number.” First, dividend investors are already on the right track by looking at investments through the lens of the ability to generate income.

Second, even if they haven’t provided a definitive answer, advances in computer modeling and the application of statistical analysis to investment returns have added greatly to our knowledge of how much to save.

To read the Full Story, Go Premium or Log In

Popular Articles

Premium Shutterstock 593856878%20%281%29
News

The Market Wrap For May 26: Game On!

Politics – or in this case, the lack of – continues to be a primary driver of the market’s...

News

Trending: U.S.-Saudi Arabia Weapons Deal Drives Defense Stocks

Dividend.com analyzes the search patterns of our visitors each week. By sharing these trends with...

Dividend Investing Ideas Center

Critical Facts You Need to Know About Preferred Stocks

Have you ever wished for the safety of bonds, but the return potential of common stocks? If so,...