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Subject:  What's the big deal? Date:  12/24/1999  8:45 AM
Author:  DRCURRAN Number:  16836 of 78166

I just finished reading all about how much to take out for retirement and conclude it is only academic fodder. What is the big deal? The only thing you have to do is put variables into a future value of an annuity that you can do in Excel. The only secret is to know how long you will live. Otherwise, using average figures will give you an idea of what you can take out and die broke.

For those who wish to leave principal for their heirs, look for and read the book on dying broke.

One other point that bugs me in all these studies is that it assumes that as one ages, money needs are constant. I really do not think that I will spend as much money (yes, include inflation and medicines)