Читать книгу Finance & Grow Your New Business - Angie Mohr - Страница 37

This is simply a mathematical calculation that involves the present value of an annuity. To calculate, you multiply the annual income required ($50,000) by the appropriate factor. Multiplying by this factor takes into account the fact that future dollars are not worth as much as today’s dollars. At an interest rate of 6 percent and 30 annual periods, the factor is 13.765. Therefore, the amount that you need to have in retirement savings by the time you are 60 is $50,000 x 13.765 = $688,250. In most cases, this won’t have to come solely from savings. You may have pension income from a job or a 401K. Your business will also likely have a value when you sell it to retire. Be careful about making these assumptions too rosy in case they don’t happen. In this scenario, we will assume that the entire retirement fund is coming from savings.