10 Charts About Retirement Every Retiree Should See (2020)

[Bryan Barnfellow]

Wow, these charts (and the ones in the full report) are "fully packed" with interesting, thought provoking information. Thanks Midpack!!!!!

-BB

 

[big-papa]

and .... What is DW

Deutsche Welle or DW is a German ....

DW= "Dear Wife"

 

[blueskyk]

Hmm...chart #7 on Average Spending by Age & Category doesn’t list Taxes as a spending category?

It’s our largest one (Fed, State, Property)

 

[Exchme]

It would be interesting to see what the SS payout at 62 with a 7% annual compounding return would be worth @90

For my situation, MFJ with wife filing spousal at 67, this is my year by year result of waiting at different discount rates, all $ are inflation adjusted. I hit the maximum contribution nearly every year and the graphs are specific to my retirement RMDs, Roth conversions, so YMMV, but the trend will be roughly the same.

Generally, if one of us will make it to age 81, I should wait until my FRA to claim and each year after 81 adds about a year to the optimum, so by age 84, it's a slight benefit to wait to age 70 (at discount rates I tested between 0-7%). For married folks, the statistics are that one of you is likely to live a long time. So the person with the bigger benefit should wait if they can.

 

[old medic]

Great collection of info... printed and in my retirement notebook.

 

[AirOps]

Here is the entire report for 2021. It can be viewed or downloaded
https://am.jpmorgan.com/us/en/asset...gfDgMndEO38mzNRzJ2hoC5FEQAvD_BwE&gclsrc=aw.ds

Thank you!

 

[Midpack]

and .... What is DW

Deutsche Welle or DW is a German ....

Darling Wife

https://www.early-retirement.org/fo...slang-frequently-used-on-the-forum-34884.html