The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: Do I have enough? Date:  9/4/2000  7:08 PM
Author:  BGPenhollo Number:  24577 of 78165

At 1st glance it doesn't look like enough.

$600K over longterm with 75/25 Stock/Income investments has a safe withdrawal rate of 4%. I decided to accept a tad more risk and withdraw at 5%.

5% of 600K is $30K. $700/mo x 12 = $8,400 yr for a total of $38,400 income.

To bring it up to $60K, you'd