:

What is the 80% rule for retirees? A simple guideline with crucial caveats

According to Fidelity Investments, many retirees aim to replace between 55% and 80% of their pre-retirement income to maintain their lifestyle. This idea is most famously encapsulated in the guideline known as **what is the 80% rule for retirees?**, which suggests aiming to replace approximately 80% of your pre-retirement income during your golden years. While a helpful starting point, this rule has significant caveats that require a deeper look.