Question

Choose the best answer :

what percent of your pre-retirement earnings do most financial advisors say you’ll need to comfortably maintain your pre-retirement standard of living


• 60%


• 70%


• 80%


• 90%

Answer 1

• 80%

Explanation:

Consult your course reference materials.

Advice found on the Internet varies from 70% to 90%, depending on a number of factors. 70% has been a guide historically, but more recent advice favors higher numbers, it seems.