thegreatdane said:Isn't 20x annual expenses a quick and rough estimate of what one will need in retirement? Many of those who have booted working life early and are living in retirement now would say that 5% withdrawl (Nest Egg = 20x Expenses) is high. Many would recommend having a 4% withdrawl rate (NestEgg = 25x annual expenses) to ensure that you don't outlive your money.Check out the Retire Early Home Page for more detail on safe withdrawl rates:http://www.geocities.com/WallStreet/8257/restud1.htmlFool on!messerb
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