BROWNING
FINANCIAL PLANNING
01803 60 67 66  
Dominic Browning, Managing Director
Posted by Dom Browning
06/01/25
News, Resources, Insight and Opinion from Browning Financial Planning

The Rule of 300

Dominic Browning, Managing Director
Posted by Dom Browning
06/01/25

People often ask me how much money they need to accumulate at retirement to provide an income for the rest of their life.

A simple way to assess how much will be "enough" is to multiply the required monthly income by 300. So, if you want £2000 a month as a pension/investment income, you would need to accumulate £600,000 in your pot at retirement.

This is based on taking a withdrawal of 4% per annum from your portfolio. Investing in the right asset classes will make this easier to achieve. Some people wish to leave a legacy, others not. This too will affect the amount of capital required.

Whilst this is a rule of thumb, nothing beats proper financial planning using cashflow software, which is by far the best way to get some idea on whether you are going to be "okay" or not.

More News, Insight & Opinion
Inflation - a cancer on your Wealth

It is commonly believed that when you retire, your number one priority should be the preservation of your capital. Continue

Volatility is your friend

Investment markets have been very kind to global equity investors over the last two years. After a period of sideways markets and soaring inflation, the S&P 500 (the world’s premier stock market) rose by 24% in 2023 and another 23% in 2024. Continue

Regular Contributions

Your investment contributions should do the heavy lifting.  Continue

What is a market correction?

A market correction is defined as a 10% drawdown from a previous market high. Continue

The Power of Compounding

Working in the financial services industry, we are confronted with the power of compounding on a daily basis. We see clients who make it work for themselves (investments) and clients who make it work against themselves (debt). Continue

More Articles