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re: Yes, another retirement thread - RE: How much you need to retire
Posted on 9/13/12 at 8:00 pm to TheHiddenFlask
Posted on 9/13/12 at 8:00 pm to TheHiddenFlask
quote:
I'm banking on closer 800% of my current salary per year.
So if someone makes 200k per year now they'll need 1.6 million per year to maintain their lifestyle in retirement?
1
Posted on 9/13/12 at 11:06 pm to Jake88
quote:
So if someone makes 200k per year now they'll need 1.6 million per year to maintain their lifestyle in retirement?
I think in the op explained rationale, the 1.6 would suffice for the whole life of your retirement. Not that annually.
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