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My wife has created a nice online Retirement Calculator. MEMBERS.AOL.COM/TRACYPAUL I just used it to calculate what annual return you would need to make in order to sustain yourself until age 85. Assuming a 4% annual inflation rate, you would need to make <>9.051%/year for the next 55 years. I think that helps a lot in determining what type of investments would work for you. Although I'm not an expert, I would say your best bet would be stocks. Since you can earn less than what the DOW has averaged over the long term, (I think its about 11%) you should be able to be quite conservative and still make your goal without too much risk.
Check out my wife's calculators at MEMBERS.AOL.COM/TRACYPAUL (cut and paste) then go to Calculators.
Have a great retirement and keep learning!

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