Retiring at 55 often means your money must last longer. Start with an income goal, then test 3% vs 4% withdrawal scenarios.
Use the Retirement CalculatorPick a yearly spending number (e.g. $50k, $70k, $90k). Then choose a withdrawal rate (3–4% is a common scenario range).
Run a conservative case (3% withdrawal + conservative assumptions) and a mid case (4% withdrawal + mid assumptions). Your plan should work in the conservative case too.
Use both. 3% is conservative. 4% is a common guideline. Compare the range.
Not automatically. If you expect guaranteed income later, subtract it from what your portfolio must provide.
No — it’s a scenario model to help you plan. Real returns vary.
Lower spending, delay retirement, increase contributions, or plan a partial retirement approach.
Choose a conservative plan you can stick with, then increase contributions gradually.