Quote:
Originally Posted by BWillie
How much money does one need to retire before 40? What's the number you guys are looking for to "retire" and at what specific age?
I assume the government will just give me free shit if by miracle I somehow live past 60. I bet by that time I can just send them an email and be like, hey man, I'm looking for some free shit. Print me some money I'm old, thanks.
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My target has always been 2 mil to retire comfortably at 60, so 4 mil at 40? My thought is 100k a year until age 80...yes,it's a significant reduction in current salary, but I'd think with Medicare, social security, a paid house, and children gone it would be enough (inflation scares me though) . It all depends on your home and health status, marital status, children, etc.