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Retirement Discussions / Retire Early.

URL:  http://boards.fool.com/if-you-have-the-current-300k-all-invested-in-25871991.aspx

Subject:  Re: Retire @ 52 Date:  9/5/2007  4:44 PM
Author:  clrodrick Number:  36 of 64

If you have the current 300k all invested in stocks and bonds with an optimistic rate of return at around 7%, that will be roughly 482k in 7 years. That leaves you 518k short. So, to reach your 1 million goal would require you to save roughly 58-59k per year invested in a combo stock/bond fund earning an optimistic 7%.
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