When do you plan to retire? How old will you be? I can retire with almost 60% of my gross pay, minus all deductions except Federal Income Tax, which would add approx. 15% to this at age 45. So, at 45 I could receive approx. 75% of my current salary until my death. At this age, our home will be paid off, and we will have ZERO debt. I plan to work until 50-55 to roll as much as I can into savings and investing.