Retirement Planning: It’s About Income, Not Just Savings
- Sahil Virani
- Mar 17
- 1 min read
Many people focus on reaching a certain retirement savings number.
But retirement planning is really about creating reliable income.
Let’s look at an example.
If someone accumulates $1,000,000 in retirement savings, a common guideline suggests withdrawing around 4% per year.
That would provide approximately:
$40,000 per year
But retirement income rarely comes from just one source.
A retiree may receive income from:
Social Security
Investment withdrawals
Pensions
Other financial strategies
For example:
Social Security: $24,000 per year
Investment withdrawals: $40,000
Total annual retirement income: $64,000
The real goal of retirement planning is to ensure income can last for 20–30 years or longer.
Retirement success is not determined by the size of the savings account.
It is determined by how reliably that savings can generate income over time.
For more insights or a personal discussion, book a meeting
— Sahil Virani
