[jschaud]

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I'm stunned at the amount of people who think you could retire in your 20s to a decent standard of living. Some basic questions:

1) What type of inflation adjusted ROI will you be able to achieve?
2) What type of RoR would be acceptable for your retirement? What type of SD do your investments have? If you think you can generate 7-8% ROI after inflation you like have a good chance to busto.
3) College, children, etc. You want to try to manage this while trying to keep a fixed income?


There is no doubt that you'd be able to do this, but to have any decent semblance of life or be able to do much of anything is going to require greater than 1.4mil I'm very stunned at the amt of young people who think that if they found 1.4mil they could just sit around forever. You can easily retire on this if you are comfortable living on <40k forever.

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I feel fairly comfortable that with that kind of liquid cash I can find 5% post-tax investments. I also feel very comfortable knowing that if i was making 70k a year doing nothing that I would be just fine. I would be struggling in mid-town manhattan, but would be reinvesting a portion of that money every year in smaller cities like atlanta. 70k a year puts you very high up on the US income graph i found.

We must remember that for the last 7 years we have been a very well paid person and we get all the benefits of that. Flawless credit, thus ensuring premium loan rates. Additionally, if we are still young, our health insurance will be far lower than a person in a similar position that is 60. If you can handle not owning a lambo, you will be just fine.