The growing number of retirees, their increased life expectancies and the size of their savings led us to wonder: How much accumulated income-producing wealth is needed to maintain a desired lifestyle? In other words, given a target level of spending, how much did a couple need to have saved, in either tax-deferred retirement accounts or other financial assets, to feel confident that they would survive until age 90 with their accustomed level of spending?
To find the answer, we first
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