Any good Retirement calculators out there for those of us with pensions?
I would like to make 125k
Per year in retirement without taking any withdrawals other then dividends and capital gains. This assumes a paid off house.
Pension is 60k a year and adjusted for inflation each year.
My initial Thoughts are 1 million in stocks / bonds, plus 60k Pension should be a pretty safe bet.
But wondering if I could get away with close to 750k and have a little more play money now while raising kids.