How much money you need to retire at 35 and live on investment income alone until 90

Contributing sentiments towards policy:

50% : Fry used a Monte Carlo simulation to estimate the starting balance someone would need in a taxable brokerage account the day they leave work to live on either $100,000 a year or $65,000 a year in dividends (fixed income from bond investments) and capital gains (income from equity investments), and principal, after paying taxes, until age 90. To run the simulation for a hypothetical retiree, Fry had to make assumptions about the retiree's investments and tax treatments.
49% : You can find the full list of assumptions at the end of this post, but in short, he used Right Capital, a financial-planning software that used JPMorgan long-term return estimates for investments; assumed a conservative 3% inflation estimate; assumed no state or local taxes; and did not factor in Social Security.
47% : The future of Social Security is uncertain, however, and some financial planners recommend their clients implement a saving and investing strategy to afford retirement without it.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.