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Author: winker Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 5068  
Subject: Re: Poll: FIRE value as a multiple of gross inco Date: 2/2/2006 4:45 PM
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Perhaps it's not a "useful" task, but it could be interesting. I was mostly interested in knowing what the average level was of the board. Do most people plan on getting much less in retirement, or do people plan on trying to match their current salary?

I figure on something around 60% of gross. I skim about 33% directly off the top for savings/retirement (and this doesn't even count the generous company match), another 7% or so goes for SS taxes that I won't be paying in retirement, and I still always have "extra" money at the end of each month anyhow.

Larry
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