How Much Money Do I Need To Retire On?




After slogging away most of your life in a 9-5 job and you reach the ripe, grand old age of 40-50 years, you start pondering and asking yourself “How Much Money Do I Need To Retire On?”.


Well, you might be shocked after reading this article!


For some, this can be a really daunting time in your life, especially if you know it may be only a matter of years after retiring, that your retirement fund could very well dry up and leave you with a less than desirable lifestyle to live out.


The Scary Facts:

Please keep in mind that every country has it’s own laws and rights when it comes to retirement or the pension. But for this example, I am just going to use the United States as an overall indication of what your future may look like…

Fact #1. The first example straight off the bat and a pretty scary one at that… Sadly the average American family as of 2017 and according to a report by the Economic Policy Institute (EPI), has an average retirement nest egg of just $95,776.

Fact #2. Single or married couples within one household that are close to retirement age (56-61), don’t fare much better with an approximate $163,577 in savings.


Although the above estimates don’t include assets that could potentially be sold… like a house for instance, would of course significantly increase the dollar value on the above averages. But, is selling your house something you really want to part with to only be renting again (chewing away at what retirement money you have left), or worse still moving in with your children or living on the streets, which unfortunately in the United States is a staggering reality when you read the following statistics (<<< Take particular notice of number 7 >>>):

1: 564,708 people in the U.S. are homeless.


2: 83,170 individuals, or 15% of the homeless population, are considered “chronically homeless.


3: 47,725, or about 8% of the homeless population, are veterans.


4: 1.4 million veterans are at risk of homelessness.


5: 550,000 unaccompanied, single youth and young adults under the age of 24 experience a homelessness episode of longer than one week.


6: 110,000 LGBTQ (Lesbian, Gay, Bisexual, Trans, and Queer) youth in the U.S. are homeless.


7: <<< Fifty percent of the homeless population is over the age of 50. >>>


8: 830,120 year-round beds are supplied in a range of housing projects. About half of those beds are dedicated to people currently experiencing homelessness. These include…

  1. Emergency Shelters that provide temporary or nightly shelter beds to people experiencing homelessness.
  2. Transitional Housing that provides homeless people with up to 24 months of housing and supportive services.
  3. Safe Havens that provide temporary shelter and services to hard-to-serve individuals.


Fact #3. The above data is frightening for a number of reasons. For one thing, experts have advised retirees can only withdraw 4% of their retirement assets in their first year of retirement. This equates to just $6,500 in annual income. So as you can imagine, with inflation-based increases in subsequent years and especially well into the future, this is just one of many setbacks in trying to access money (that you originally worked hard to save and is essential just to survive).


Fact #4. A whopping 41% of households in the 55-64 age group have no retirement savings at all. Another 20% have less than $50,000 to live on. And if you’re still relatively young, don’t drop your guard and think ‘Yeah, I’ll be right mate’. Because looking at these statistics, it’s all way too common to slip through the cracks into this group. If you think you fit within this criteria, now is the time to seriously start looking at your retirement nest egg and setting money aside for your future.


Another scary reality is drawn up as a chart (2013) below. In June 2013, the Government Accountability Office released a detailed financial status of households, ranging from the ages of 55 to 64. Please see the following statistics that researchers found:










This means the average household approaching retirement, has a nest egg ranging between $10,000 and $20,000. This number is significantly lower because 41% of these households have no retirement savings at all.


Here is a Free Online Calculator to help you better prepare for retirement. It will also help you determine how much you need to save for retirement if you want to maintain a comfortable, standard of living after you retire. And here is a live Free Currency Converter in case you need to convert your dollar.


BUT, what if I could show you a much simpler calculator to use, a retirement plan with a much brighter and positive outcome for your future… AND is PROVEN??





The Wealthy Affiliate University program, one of the highest paying, recurring affiliate programs that can be operated from anywhere in the world! Wealthy Affiliate pays members over $1 MILLION per month just in commissions alone!


Doesn’t matter if you’re preparing for retirement or are already in retirement, WA (Wealthy Affiliate) doesn’t discriminate against anyone and doesn’t even matter where you live in the world! WA is available for everyone to learn, apply and earn an ongoing residual income from the comfort of home. Think of it like you are going back to university to get a degree in learning how to make an ongoing residual income online without the cost or experience. And the best thing… It’s completely free to get started…


If you have a PC, Mac, Laptop or iPad and an internet connection, you have everything you possibly need to start learning and earning!


No… It’s not a scam, No… It’s not MLM (Multi-Level Marketing), NoIt’s not doing paid surveys, No… It’s not annoying friends or family to join, and No… We are not going to touch any of your savings, nor do we even require a credit card. We just need your attention, your willingness to learn, your willingness to apply what you have learned and of course some patience. If you can do this, you will never have to worry about retirement, or any financial issues again!


As an Affiliate Marketer, you will have access to training, tools, and support mediums that will lead to unlimited earning potential and ongoing education. We also have regular incentive programs and offers that allow even higher conversions or commission rates.


Wealthy Affiliate has been around since 2005 and was originally designed as a keyword tool site. But since 2005 it has evolved to become the thriving “online business” education platform that it is today, not to mention an 850,000+ strong social community that is on hand to help you 24/7. WA also offers free training to any level of business or aspiring entrepreneur looking to leverage the Internet as a traffic, brand, and revenue creation medium.


I am active in the WA community every day, from the Forum, to Live Chat, to building and promoting the existing WA Tools, services, and training that are available to all members. I am dedicated to helping people succeed, regardless of their “niche”, experience or background. The WA Affiliate program is just one of your options online, but if there is Something That You Are Passionate About, a hobby, or whatever it is you’re interested in promoting, it can turn out to be a very lucrative opportunity for you.


Now before you continue, you must be thinking right now… Is This Just Another Online Scam? Click the link (in blue) and the Wealthy Affiliate program will be completely and honestly revealed to you, so you can make your own informed decision.






Don’t get caught up in the statics I have shown you above. Live the life and freedom you deserve when you retire. You have worked long and hard enough for more than half your life, now it’s time to get your life back and enjoy going on holidays, travelling the world with your laptop in tow, spending time with your family and never have to stress about keeping a tight budget on what little retirement money you have left.


So How Much Can You Make With Wealthy Affiliate?

Please don’t get caught up in the mindset that this is all about promoting WA so you can get paid. This is just a small percentage of what you will be doing to earn multiple income streams, but only if you choose to do so. You will have many choices in which path you want to go and the way you wish to earn your money. Many members of WA are promoting WA only, because let’s face it, just like you, there are literally millions of people looking for a legitimate online business to earn extra money, so if anything, you will be helping people. But there are also members promoting what they are passionate about and are successfully making huge profits on just this alone.


Click This Link to get a better idea of which direction you would like to go to earn money.


The top affiliates at WA convert at very high rates, this can be as low as 1 sale for every 8 visitors. (This is based on a 7 month period and multiple referrals a day). These rates are also as low as 1:4 during WA promotions (and this can either be self-driven or Wealthy Affiliate-driven). Average conversion rates are varied based on the campaigns used, but with overall conversion rates, you can expect as an affiliate, are approximately 1:30.


Below is an example of a chart to show you some Affiliate data indicating different conversion rates. This was pulled randomly during the early months (Jan-Feb ), typically very strong months for the promotion of anything when self-advertising.

Please see the following breakdown of the reoccurring commission structure:

$11.75 per referral recurring monthly (Free Starter Membership)

$23.50 per referral recurring monthly (Premium Membership)

$175.00 per referral recurring yearly (Yearly Membership)


Yes, you can actually earn $175 per yearly sale! Many people upgrade once they realize Wealthy Affiliate is the real deal and start earning enough to cover their monthly membership fees. Another benefit of being a yearly member brings a further 39% compared to being a premium member. It is really hard to find an affiliate program that pays that type of revenue anywhere!


Latest statistics show Wealthy Affiliate members tend to stick around for 4-6 months as a very bare minimum, with many members staying on board for several years or more after this (yes, we still have some members from 2005). Imagine if you make a sale where the person sticks around for 5 years, that would equate to over $1000 on a single sale!


Income examples listed below

I have done a breakdown on a potential monthly income, based on a 4-6 month WA membership (which is lower than the current average).


Example Scenario 1
1 referral per day / 12% upgrade rate / 4 month average
Monthly Income: $235

Example Scenario 2
5 referrals per day / 12% upgrade rate / 4 month average
Monthly Income: $1,458

Example Scenario 3
50 referrals per day / 12% upgrade rate / 6 month average
Monthly Income: $22,398


Make just 3 WA referrals per day, and you are looking at over $200,000 recurring revenue in just the first year! The potential really is that big.


My goal is to help you become a “Super” WA Affiliate at WA. WA send several people payments exceeding $10,000 per month and we would love for you to be part of this group. Because really, anyone can achieve and exceed this level of success if they work at it.


If you’re ready to start your brand new retirement plan and set yourself up for FREEDOM with the life you deserve, then Click Here to start your Wealthy Affiliate adventure and claim your life back!


If you have any further questions on “How Much Money Do I Need To Retire On?”, please leave a comment below and I will endeavor to get back to you as soon as possible.


All the best and I hope to see you inside soon…


Founder of “Legitimate Online Business –  pagerank checker


  1. Hello, and thanks for sharing, all I can say is WOW to everything including your post. You have done a wonderful job in showing how this all works together. I am sure that your readers will be amazed just like I am. All I can say is keep up the good work.

  2. Hi Wayne,
    It is amazing how the age for retirement comes on quickly once you start working. Just after you spend all your time slaving at your 9 to 5, too tired to worry about anything else, the age of retirement comes upon you. It is now that one starts to wonder if he is financially ready to retire.

    Fact 4 of your post is interesting. It is alarming that so many people face retirement without a dime. A retirement calculator is a necessary tool for the planning of retirement. It is good that you added it to your post.

    Wealthy Affiliate is the ideal place for one to start a business for retirement. The training is good and the community is very supportive. All the tools that are needed to start and build a business are included in the Premium Membership.

    Thanks for this informative Post. I hope your readers will make good use of the information.

    1. Thank you for your post Luna. Yes it is a very scary reality when you really look into it.

      Although having WA in our corner makes it a lot easier to deal with.

  3. Wow, the statistics are really scary!

    This is a really good article. It’s a wake up call for many people. There’s no point working 9-5 so hard for most of your life and then realize this is something you’re facing after retirement.

    Wealthy Affiliate is really a good place to regain your life with a steady source of passive income if you do it right and consistently. I hope many people could be inspired by your post:)

    1. Thank you so much for your comment Jerry.

      Yes, the statistics are a real wake up call and you made a very true comment towards passive income with WA.


  4. That was really interesting! I enjoyed reading the facts and all the information and help you offer!
    You’ve done a great work!

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