what is retirement income replacement ratio

Key Takeaways. The “three-legged stool” is an old term for the trio of common sources of retirement income: Social Security,...

At age 65: $2,993. At age 66: $3,240. Similarly, Should you count on Social Security as your only source of...

To find this ratio, divide the retirement income by the pre-retirement income and multiple by 100. This calculation can be...