When you're making plans for retirement, you'll probably hear that you should replace 80% of the income you were earning ...

Michael writes on high income assets that help people retire early. I can’t tell you how many times I’ve mentioned closed-end funds (CEFs) to investors and been met with blank stares in return.

When you're making plans for retirement, you'll probably hear that you should replace 80% of the income you were earning.

With careful planning, $2.5 million can fund a comfortable retirement ... out your personal retirement income and expenses in detail, you can use income replacement. For a 60-year-old earning ...

People approaching retirement may want to abandon the idea of income-replacement rates altogether, focusing instead on how much they're likely to spend in retirement. To maintain their standard of ...