No. of Recommendations: 3
If you are average in terms of health, you should live to 31 years. Half people will live longer, half will die in less than 31 years.

80 - 65 = 15 years for average retirement.

15 times 12 times $380 equals $68,400

Do you think your investing skills will be that good?
Do you think your past employer will go bankrupt?
What level of inflation to you expect in the future?

The basic issues are how good an investor are you? How much of a control freak are you? and how long you will live?

Answer all those questions and I can give you a very accurate answer.

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.