Re: What\'s your retirement nut?
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Remember, historically this is the worst case scenario.
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The point is that for somebody who retires in his early 40s, the chance of running into a worst case scenario in the next 60 years is material. Retirement is basically a bankroll management problem; sure if you run hot at the beginning, your roll is in great shape for the rest of your life. But if you hit an early downswing, and you dont have the ability to preserve your principal balances, you're crushed and eating petfood at 73.
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