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|Subject: Re: What income do you need in retirement?||Date: 7/21/2007 12:50 PM|
|Author: alyourpal||Number: 11426 of 19380|
Where in the US would you like to talk about - the amount would vary extremely depending on location.
Its obvious that if you live in a big city you are going to have to pay more for insurances, possibly local taxes, and from what I have seen, gas.
Please, just talk about where you live. In a visit to Louisiana a few years ago, people were complaining that you needed $30,000 pa for a couple to just exist.
A lot of people on the UK Fool ask the question "how much capital do I need to retire", without having calculated the bare minimum income to exist comfortably without fun spending. This post was aimed at uncovering that.
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