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Reply to "Valuation of Pension for Retirement Planning"
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[quote=Anonymous]Google says "A $50,000 per year pension is roughly equivalent to having a lump sum of $1,250,000 to $1,666,667, assuming a 3-4% withdrawal rate. This is based on the idea that a retiree can safely withdraw 3-4% of their savings annually to cover living expenses without depleting their principal." but you really shouldn't include in your asset est [/quote]
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