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Subject:  Re: Asset Allocation Date:  4/6/2006  4:28 PM
Author:  vickifool Number:  50941 of 81338

What is the best asset allocation for someone either retired or on the verge of being retired?

Here's the answer!

Also, just how much money do YOU think a person needs in order to retire?

Depends on where you want to live, and what sort of life-style you want to lead.

I actually figured it out when I first came to Motley Fool. I entered 5 years of our expenses in Quicken and looked at them to see what I wanted to change. Then I estimated our tax burden and added that in. We needed $2,000,000, but we live in an expensive area. And I don't remember if that included college and weddings for the kids or not.

I'm currently figuring it out again.

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