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I've been helping my folks with getting their retirement squared away. They've managed to put a decent some away (about $500k) but that is still not going to be enough for them to retire using their expectations of annual salary and 4% withdrawal rate (about ~$20k) per year and they're looking for at least $60-70k per year (or about $1.5-1.75M) when they retire)

They're estimating 10 years before they retire so I've got some time. I'm pushing them as much as possible to deposit the max in their SEP and T-IRA and anything left should go into a a index fund. They want to buy more property instead of depositing more into the market.

I figure @ 8% per year I can get the $500k to be close to $1M with no additional deposits which still doesn't meet their goals and if they continue to deposit money into the market they'll have a better shot at having a good retirement.

They're saying they feel more comfortable with income they can get from property will give them more security than the market (they got burned pretty bad 2000-2002...I'm telling that most people did!)

Am I right to think it all depends on how much they want to deal with the headaches of real estate when they retire vs. not having to worry about it? Are there some other items I'm missing here and they might be right in investing in real estate instead? TIA.
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