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$1 Million will yield a continuous $40K per year at 4%
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Posted by MI-Roger [Email] (#882) [Profile/Gallery] (more from MI-Roger) on Thu, 2 Aug 2012 18:51:21 Share Post by Email
In Reply to: How much $$$ you need to RETIRE, STICKMAN, Thu, 2 Aug 2012 12:01:37
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And $2 Million will yield a continuous $80K per year without touching the principal. As others have said it all comes down to what you need to support your lifestyle. Just remember; foreign travel, fuel for the RV, property maintenance on distant properties, and Greens Fees (all goals stated by many as they approach retirement) are expensive.

posted by 68.42.115... 
_______________________________________
Saabs owned:
2008 9-5 Aero Sedan, sold at 227K miles
2006 9-3SC 2.0T - Wife's daily driver
2000 Viggen Convertible - Sold May, 2022
1964 Quantum IV Formula Car - Retirement project
2000 9-5lpt Sedan, sold at 318K miles
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