UnThreaded | Threaded | Whole Thread (32) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: CubFan100 One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76235  
Subject: Re: Retire rich Date: 12/10/2005 9:12 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Interesting thread! A lot of good points on all sides.

While I've enjoyed the ride, I'm now REALLY interested in Helen's plans. I'm 50, would love to retire at 56 or so, but yikes, things don't necessarily get easier as you draw closer to retirement.

While some things are better known - I'm in the house I will retire in, don't plan on moving, kids are mostly through college, etc - some things are still very unknown.

I'm been saving practically since 401Ks were invented, but have a difficult time projecting future earnings, understanding what I will spend in retirement, and am concerned I may live too long (well, at least concerned I might outlive my savings). I thought I was moving right along based on the free retirement calculators, then I use Fidelity's calculator with 250 scenarios and poof! 30% chance I will outlive my savings. I hear I need 70% of pre-retirement income, then I read that I might need 100% of pre-retirement income.


Helen, how did you do it?

Steve


Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (32) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Macro Economics

Heads Up, Real Estate Investors
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! 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.
Advertisement