The standard figure assumes you’ll live about another 20 years. This means that you can obtain a higher income if the provider thinks you may not live that long. Having a health condition, or other risk factors in your lifestyle, may qualify you for an enhanced annuity.

How much do I need to retire on 150k per year?

The Final Multiple: 10-12 times your annual income at retirement age. If you plan to retire at 67, for instance, and your income is $150,000 per year, then you should have between $1.5 and $1.8 million set aside for retirement.

How to do a retirement calculator on MSN Money?

Use MSN Money’s retirement calculator to figure out if you’re on pace or whether you need to catch up. Enter factors such as your annual income, current age, expected retirement age, life expectancy, current savings and desired income during retirement. The calculator will help determine how much you need to save…

What are the largest holdings in the Wellington Fund?

The largest holdings are, you guessed it, blue chip dividend payers. The cream of the crop. Companies with incredibly good credit, history of paying dividends, and business models that should stand the test of time. Does Wellington hold commodities and foreign currency?

What’s the yield on the vanguard Admiral fund?

There’s plenty in there that protects me from huge risk. If you own the admiral you’re currently getting a very respectable 2.56% annual yield on dividends which are paid quarterly. So if you have $100,000 you get $2,500 a year for basically doing nothing.

Why is the vanguard Wellington Fund the only investment?

A very “safe” split to any financial expert. 10% of its stocks are foreign. Some might argue that’s too small an allocation but realistically we’ve got some foreign in there period so that’s a good thing. Plus the TYPES of stocks in the portfolio offset the non foreign risk.