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Author: pauleckler 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 75383  
Subject: Re: FV calculation help Date: 12/6/2010 2:56 PM
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The other thing to remember is that $1,232,633 is fully taxable at ordinary income tax rates (usually fed and state) unless you get a chance to convert to a Roth somewhere along the line.

The sum is subject to manadatory distributions at age 70-1/2.

So unless you have a magical tax strategy to avoid those taxes, its spending value in retirement should probably be reduced by 30% or so. And then you can factor in inflation (most expenses will double at least twice in 30 years).
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