Should You Plan to Retire on 80% of Your Income?

Should You Plan to Retire on 80% of Your Income? was originally published on http://ift.tt/1GYra0m

Examining a long-held retirement planning assumption. A classic retirement planning rule states that you should retire on 80% of the income you earned in your last year of work. Is this old axiom still true, or does it need reconsidering?