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Investing/Strategies / Retirement Investing
|Subject: Re: Balance of Retirement Funds||Date: 9/9/1999 6:49 PM|
|Author: hbdon||Number: 13829 of 82372|
Then I see something like this down the road..
You want 40K/yr from 65-85...$40,000 times 20 years =$800,000K..
Your going to have to figure in taxes, both on withdrawals and properties etc..
At 20% rate... you'll need closer to $960,000 saved up..
At 8% ROI, you end up a little short (not including that family stock) at $660,000K..
At 10%-12%, your probably getting closer..
That is do-able, especially since you want to avoid stocks..
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