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| Re: | Vizsla Breeder Wanted | | Ad: | Why did you come to ? http://www.mercyparklands.co.nz/?page_id=government-topics-for-essay buy a paper online If you are managing your own money, conventional wisdom holds that you can pull 4 percent a year out of your savings, and increase that by about 3 percent a year for inflation. Here's some math for a 58 year old woman with $150,000 in a 401(k) today(an amount Fidelity Investments says is about average) who expects to retire at 66: Invested at 7.5 percent, your retirement account should grow to $249,000 by the time you retire. If you pull 4 percent out, that would get you a $830 monthly check in the first year.
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