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re: How much money do people need to retire?

Posted on 2/28/24 at 3:26 pm to
Posted by jizzle6609
Houston
Member since Jul 2009
4291 posts
Posted on 2/28/24 at 3:26 pm to
quote:


Two million with no debt should generate 120k or so a year pre-tax if you buy an annuity. If you can add to that, say, a small apartment building where you rent out the apartments for a grand or two a month (say four stories, four apartments) that's another nice thing.


No thanks to real estate. You are better off leaving the money in the market.
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