The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/thegreatdane-said-isnt-20x-annual-expenses-a-11758466.aspx

Subject:  Re: *Retirement Amt. Needed* Date:  1/5/2000  10:07 PM
Author:  messerb Number:  17409 of 75890

thegreatdane said:Isn't 20x annual expenses a quick and rough estimate of what one will need in retirement?

Many of those who have booted working life early and are living in retirement now would say that 5% withdrawl (Nest Egg = 20x Expenses) is high. Many would recommend having a 4% withdrawl rate (NestEgg = 25x annual expenses) to ensure that you don't outlive your money.

Check out the Retire Early Home Page for more detail on safe withdrawl rates:
http://www.geocities.com/WallStreet/8257/restud1.html

Fool on!
messerb

Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us