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Author: SeattlePioneer Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 750099  
Subject: Re: retire early? Date: 5/15/2003 2:39 AM
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<<In my mind, prudent potential retirees should PLAN to need 100% of their highest annual income as their annual retirement income.

I like this idea.
>>


I don't like this idea. There is little to link income and spending after a few basic needs are met. Personally, I've lived on less than half my after tax income for the past 24 years. Is there any reason to suppose that I would DOUBLE my spending if I were to retire?



Seattle Pioneer
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