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Author: Imaginistics 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 1491  
Subject: Re: Others with un-retirement? Your ratio? Date: 10/13/2007 10:37 PM
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The financial advisor columns usually tell us all to have 20 to 25 times as much in savings as our cost of living after soc security, pension etc.

It's not my rule, honest :-) See for example

http://money.cnn.com/popups/2006/moneymag/25_rules/10.html


"Aim to build a retirement nest egg that is 25 times the annual investment income you need."

So are people taking that advice? IF so, how are they fairing? If people are not taking that advice, what ratio do they use instead? What was your "ratio" the day you took the big plunge and retired? And how are people fairing if they use a higher or lower ratio?

Hope that's clearer :-)
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