Comments on What It Takes to RetireTypePad2017-04-04T18:45:05ZNAhttps://www.freemoneyfinance.com/tag:typepad.com,2003:https://www.freemoneyfinance.com/2017/06/what-it-takes-to-retire/comments/atom.xml/TH commented on 'What It Takes to Retire'tag:typepad.com,2003:6a00d83451bcbd69e201b8d28e2be7970c2017-06-19T18:05:06Z2017-06-20T11:54:33ZTHThese are good numbers that help most of us that when asked how much we need for retirement just say...<p>These are good numbers that help most of us that when asked how much we need for retirement just say millions. I am glad you noted that this does not include investment income. I think if you were to include that, and I know its hard to factor that in, I think with a frugal lifestyle one could retire with less than 1 million. Also note that if you are earning less income you may qualify for subsided healthcare and can move to a lower cost of living region than you may live now while working.</p>Mark Baxter commented on 'What It Takes to Retire'tag:typepad.com,2003:6a00d83451bcbd69e201b7c903a920970b2017-06-18T22:37:36Z2017-06-20T11:54:33ZMark Baxterhttp://realmarkbaxter.comThis makes a lot of sense. I have decided I need $36k per year to retire comfortably, I only need...<p>This makes a lot of sense. I have decided I need $36k per year to retire comfortably, I only need $20k if I consider my part-time side income streams. This means I can retire with $250k - $450k at essentially any age. </p>
<p>Real estate investments will make up at least 50% of this investment. </p>Mrs. Hammocker commented on 'What It Takes to Retire'tag:typepad.com,2003:6a00d83451bcbd69e201b8d28db92d970c2017-06-18T02:49:12Z2017-06-20T11:54:33ZMrs. Hammocker http://www.cashflowtoheaven.comThis chart seems fair for a conservative general public estimate. Since it does not factor income earned from any investments,...<p>This chart seems fair for a conservative general public estimate. Since it does not factor income earned from any investments, I would not rely on it more than a general guideline. There are many free financial retirement calculators available for a more accurate personalized projection. I also agree that an 80/20 split is better. </p>Mrs. Picky Pincher commented on 'What It Takes to Retire'tag:typepad.com,2003:6a00d83451bcbd69e201bb09a57635970d2017-06-14T13:20:33Z2017-06-14T17:59:03ZMrs. Picky Pincherhttp://www.pickypinchers.comI mean, I do see how they wanted to make these estimations based on conservative portfolios--it's a better average.<p>I mean, I do see how they wanted to make these estimations based on conservative portfolios--it's a better average.</p>Laurie@ThreeYear commented on 'What It Takes to Retire'tag:typepad.com,2003:6a00d83451bcbd69e201b7c9025b92970b2017-06-14T10:36:03Z2017-06-14T17:59:03ZLaurie@ThreeYearhttp://www.thethreeyearexperiment.comI agree with your real estate comment, Mr. FMF. It makes a lot more sense to diversify and earn a...<p>I agree with your real estate comment, Mr. FMF. It makes a lot more sense to diversify and earn a higher rate of return with your retirement dollars if you're pretty confident you can do so. We're planning to spend about $75K per year and are also planning to do so way before 65, but are shooting for "only" $2M. I can't imagine a scenario where we don't earn at least some money doing something in retirement. So this article feels unnecessarily conservative in a lot of ways. </p>Tim Kim @ Tub of Cash commented on 'What It Takes to Retire'tag:typepad.com,2003:6a00d83451bcbd69e201b7c90237b7970b2017-06-13T21:57:13Z2017-06-14T17:59:03ZTim Kim @ Tub of Cashhttp://tubofcash.comThanks for sharing. Good summary. I'd say the most often cited is the 4% SWR. Which I relatively agree with....<p>Thanks for sharing. Good summary. I'd say the most often cited is the 4% SWR. Which I relatively agree with. I'm a bigger fan of VWR. I'm planning on hitting $250MM in my lifetime, and I don't plan on retiring. I'm big on FI, but not RE. I enjoy working.</p>