Hi everyone. I am 47 years old. When I retire at age 56, I will get 55% of my salary on a defined pension plan. I will continue contributing $18k to my 403b , $10k to my 457B and maximum amount to my Roth IRA until age 56.
Presently I have $280k in my retirement plan. The money is in Vanguard with a 75 to 80% stock to bond ratio.
Will the extra money I have and will continue to contribute to my retirement give me the other 25% I need to reach 80 %?
Presently I have $280k in my retirement plan. The money is in Vanguard with a 75 to 80% stock to bond ratio.
Will the extra money I have and will continue to contribute to my retirement give me the other 25% I need to reach 80 %?