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URL:  http://boards.fool.com/hharri-you-might-want-to-read-12381705.aspx

Subject:  Re: Puzzled Date:  4/11/2000  4:34 PM
Author:  ez2bhard Number:  21121 of 78166

hharri,

You might want to read: http://news.morningstar.com/news/MS/ifk/990108farmstrong.html

The only certain thing in life is....we are all going to die. The only uncertain thing about our death is....when it's going to happen!!! That's why deciding how much to withdraw during retirement is a highly personal and difficult decision. Some people's fear of running out of money during retirement is great, other's want to enjoy the money while they're young and have good health.

But what adds to the difficulity, not only do we have to be concerned with getting a decent return on our investments, but also the insidious impact of inflation and taxes in the years ahead.

You should never underestimate the impact of inflation. The average cost of a car 20 years ago was about $8,000. Today, the average cost of a car is roughly $22,000 (if you're lucky). In other words, the average cost of a car has almost tripled in 20 years. Assuming the past 20 years is a good