# How Much Do I Need To Retire

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If you are looking for the answer of how much do i need to retire, you’ve got the right page. We have approximately 10 FAQ regarding how much do i need to retire. Read it below.

## Retirement/old age reason i may need money​

Ask: Retirement/old age reason i may need money​

income should be about 80% of your final pre retirement salary 3 that means if you make 8 \$100. 000 anually at retirement you need at least \$ 80,000 per year to have a comfortable lifestyle after leaving the workforce

## I am Mr. Gregorio 59 years old and planning to

Ask: I am Mr. Gregorio 59 years old and planning to retire soon. My problem is my retirement plan.
Life Sun is the only life insurance that I avail during my working years. Is it enough for me to have this
during my retirement period? Or do I need additional investments to sustain my lifestyle while I’m
already out of my job? I need advice about it as soon as possible

how would you spend ur retirement plan. what kind of lifestyle would u like to be. do u want to travel and spend lot or stay only in a peacefull country side living a minimal lifestyle. you can add more life insurance if you want as long as u can pay for it.

## Ms.Xiane plans to retire and utilize his retirement benefits. How

Ask: Ms.Xiane plans to retire and utilize his retirement benefits. How much is the minimum retirement pay that he will receive for serving the company in 20 years with an average daily rate of 550.00

Hey!

4,015,000 is the minimum retirement pay that he will receive for serving the company in 20 years with an average daily rate of 550.00.

Step-by-step explanation:

Asked: How much is the minimum retirement pay that he will receive for serving the company in 20 years with an average daily rate of 550.00.

Given:

• 550.00 (daily rate)
• 20 years (daily rate = 1 day)
• 20 × 365 (days per year) = 7,300 days

Solution:

We will use multiplication;

• 550 × 7300 (to find the minimum retirement pay)
• 550 × 7300 = 4,015,000

Hence 4,015,000 is the minimum retirement pay that he will receive for serving the company in 20 years with an average daily rate of 550.00.

#CarryOnLearning

## Snow you1. Mr. Sarmiento served in the company ABC for

1. Mr. Sarmiento served in the company ABC for 20 years with an average daily rate
of Php480.00. He is planning to retire and avail of his retirement benefit. How
much is the minimum retirement pay that he will receive?​

500

Step-by-step explanation:

20+480 sana po tama

ayan lng po ung masasagot ko hindivpa po ako masyadong magaling sa math

## 20. If your weekly salary is 2250.75 pesos, how much

Ask: 20. If your weekly salary is 2250.75 pesos, how much do you take home each week after deductions for taxes and retirement are made of 177.56 pesos?

you take home 2,073.19 pesos each week

Step-by-step explanation:

2250.75 – 177.56 = 2,073.19

<3

Step-by-step explanation:

## Retirement/old age reason i may need money​

Ask: Retirement/old age reason i may need money​

income should be about 80% of your final pre-retirement salary. 3﻿ That means if you make \$100,000 annually at retirement, you need at least \$80,000 per year to have a comfortable lifestyle after leaving the workforce.

Explanation:

income should be about 80% of your final pre-retirement salary. 3﻿ That means if you make \$100,000 annually at retirement, you need at least \$80,000 per year to have a comfortable lifestyle after leaving the workforce.

## 1. Mr. Sonny served Company B for 22 years with

Ask: 1. Mr. Sonny served Company B for 22 years with an average daily rate of ₱467.35. He plans to retire and avail his retirement benefit. How much is the minimum retirement pay that he will receive?​

nasa pic Po Yung answer

## Exercise 1.1. Solve the following using the first method of

Ask: Exercise 1.1. Solve the following using the first method of computing future value.
1. Uncle Ben, 50 years old, is saving for his retirement. He chooses to make annual contributions of P4,000.00 until he retires at 60 years old.

a. If the retirement plan he applied to has an effective rate of 12% com pounded annually, how much can he claim after he retires?

b. If the retirement plan he applied to has an effective rate of 3.5% com pounded monthly, how much can he claim after he retires?

2. Little Ben Decided to buy the new released laptop in installment. He chooses the 3 years plan that needs P5,000.00 payment sem i-annually.

a. If the installment plan he applied to has an effective rate of 10% com pounded semi-annually, how much is the laptop he applied for?

b. If the installment plan he applied to has an effective rate of 6.5% compounded quarterly, how much is the laptop he applied for?​

1a 2b

thanks thanksthanksthanks

## Marie has determined that she will need \$5000 per month

Ask: Marie has determined that she will need \$5000 per month in retirement over a 30-year period. She has forecasted that her money will earn 7.2% compounded monthly. Marie will spend 25-years working toward this goal investing monthly at an annual rate of 7.2%.

How much should Marie’s monthly payments be during her working years in order to satisfy her retirement needs?

Find how much Marie must have at retirement date.