Re: What\'s your retirement nut?
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celiboy,
Unless you are moving to Thailand or the pan handle of Texas, you are way off the mark. Maybe you are forgetting inflation or perhaps a downturn in income or overstating your ROI?
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I'm using 8% return during my earning years and in retirement I'm forecasting 4% return. 3% inflation for all years. I have best/worst/probable case scenarios as well. I live in Canada, so one big cost we do not have to factor in is medical/health insurance. My house is paid off in full and right now my monthly nut is $1300 a month so I guess I don't spend as much as other people. Most people die with significant $ left over. I'd rather retire early rather then work until 65 blindly.
Someone already mentioned the earlyretirement forum and I've learned alot from that - some very good info on there.
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