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Old 11-19-2007, 06:16 PM
Henry17 Henry17 is offline
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Join Date: Aug 2007
Posts: 1,285
Default Re: How much would this person need to retire?

Assuming 3% return after inflation you'd need ~$850,000 to get $30k a year.

I'm just not sure $30k is a realistic amount to live off. Once retired you have an extra 50+ hours a week to fill up. If your expenses are $30k now I'd assume at least double that when retired.
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