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re: Yes, another retirement thread - RE: How much you need to retire
Posted on 10/10/12 at 6:45 am to Dead Mike
Posted on 10/10/12 at 6:45 am to Dead Mike
quote:
Assuming a constant salary and consistent annualized 5% ROI through age 65 you'd have a little short of 1.5 million dollars
can the wife and i live off of that?
I really dont know
1
Posted on 10/10/12 at 9:56 am to trident
No one can tell you that, but I personally wouldn't feel comfortable with 1.5M when you retire.(35-40 years).
However, if properly invested, I think you'll do better than 5%.
However, if properly invested, I think you'll do better than 5%.
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