Income replacement ratio

The percentage of working income that an individual needs to maintain the same Standard of living in retirement; usually 60-90%.

Related Terms: 3 Inc., Retire, Standard of living

Other Related Pages: Category: Retirement Starting With: I

Additional Related Terms: 10-K, Accrual of discount, Amortization of premium, At par, All or any part, At best, At call, All-risks coverage, At risk, Abstract of title