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Subject:  Re: You need 135% of your salary in retirement? Date:  9/16/2011  4:43 PM
Author:  rainphakir Number:  69596 of 78167

About 20 years ago, I attended a community education workshop on finances and financial/retirement planning, presented by a couple of small biz financial planners.

As part of workshop, I completed a questionaire to determine what I would need in 'retirement'. I assumed a 'what I want to do in retirement' rather than the 'need for retirement'. My wants were perhaps 200% of my then current income. The financial planner LAUGHED at my naivete. He basically told me to go away and grow up, and accept that my 'dream' wasn't gonna happen.

I discovered TMF... ret