The 8% in the "earnings" column should have been removed. My bad. Again the earnings would be what the stock market actually earned for the year over a 30-year period. I can take any 30-year period from 1927 to 2005 to arrive at a minimum/maximum time frame. I only used the past 30 years ending 2005 as an illustration of what would have occured and how much nest egg would be left at the end of 30 years after retirement ($9.5 million) at the so-called "safe" rate and 100% invested in the market, i.e., Total Stock Market Index.