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Retirement Discussions / Retire Well on Less
|Subject: Re: "The money will run out in 8 years.&quo||Date: 2/15/2008 2:48 PM|
|Author: telegraph||Number: 1237 of 1492|
Insufficient info to draw any conclusions.
You need to know how much they are taking from the $300,000 per month or per year to live on.
And what their monthly expenses are. And what their age is, and othehr assets such as a home, other property, pension or other income.
Without that, you can make up any scenario.
If the money will be 'gone' in 8 years, it would seem that they are taking too much out. Without the details, no one else could suggest anything else.
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