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Single-income family of five figuring out when the breadwinner can retire

Marcus (42) & Priya (40), Columbus OH

example

Married, three kids, Priya is the primary caregiver at home · $135k/yr household income

They're running a single-income household of five and trying to find the earliest realistic retirement date for Marcus

Marcus & Priya are running a single-income household of five and trying to find the earliest realistic retirement date for Marcus The real question: With one salary supporting five people and three kids in the picture, when can they actually stop working?

The plan holds

$2.4M

Projected net worth at retirement (2048)

Projected net worth
Today: $421k$1.5M projected

Retirement year

2048

Safe withdrawal / yr

$71k

First shortfall

None projected

Modeled year by year, with the daycare, the mortgage, and every account and tax accounted for, Marcus’s plan funds retirement. The safe withdrawal covers their projected spending. The exact answer always depends on the full picture, which is the whole point.

Your situation is more like this than a rule of thumb

Model your real household — kids, a home, a big expense — free in under a minute.

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An illustrative example household. The numbers are modeled by Rightmont’s engine from these inputs; your real answer depends on your full picture. Educational only, not financial advice.