Retirement Reality Check

Physician's Money Digest, August 2005, Volume 12, Issue 12

Wall Street Journal

A recent article points out what most physician-investors know: Watch the retirement kitty. But just how much debt and savings vs income should you carry? The following are some useful gauges noted in the article:

Notes:

These numbers assume your retirement savings will earn about 5 percentage points a year over inflation. These are fairly ambitious return rates, which means doctors might want to save more and borrow less than the figures point out. The numbers are based on an annual 5% retirement withdrawal rate.