Although estimates vary, a typical rule of thumb is that you need 60 percent of your pre-retirement income to live comfortably after you retire.
And when you talk about retiring after 17 years and three more, an enormous difference if you retire after 20 years.
The bad news (if you're a resentful Xer) is that these boomer-geezers will still be around for quite a while after they retire, forcing you to listen to such "classic rock" fossils as "Stairway to Heaven" another umpteen million times.
And by the way, I will never turn Medicare into a voucher because no American should have to spend their golden years at the mercy of insurance companies. (Applause.) You should retire after a lifetime of labor with some dignity and some respect.
WHITEHOUSE: Remarks by the President at a Campaign Event -- Las Vegas, NV
Now, the first assumption people might make is, you know after you win the lottery, you just kick back and you retire.
After a lifetime of labor, you should retire with dignity and respect.
And after a lifetime of hard work, you should be able retire with dignity and security here in America.
Then after a couple of years, I will retire, and you can take over.
FORBES: Reader Story: Avoiding Student Loans Gave Me a Head Start in Life
And after a lifetime of hard work, you should be able to retire with dignity and security.
And after a lifetime of hard work, you should be able to retire with a little dignity and a little security.
And we believe that after a lifetime of hard work, you should be able to retire with a little dignity and security.
Scenario 2: You retire during a period of high interest rates and after a long period of stock market disappointment in 1980.
"If you had told me when I started in 1994 that I would retire after 15 seasons, I would have bought that, " Coulthard told BBC Radio 5 Live.
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