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Vickifool said:
It's very interesting to me to see that most of the poll respondants agree with me that $1 to $3 million is how much money retirement takes. Where did everyone else get their number?

Well...I got my number by figuring out what I wanted my annual income to be every year ($100K). Multiply that number by 20, so that my annual withdrawl comes to 5%.

By staying invested in stocks (actually SPY or QQQ)I can reasonably expect more than 5% growth per annum, on average.

Maybe this is overly simple...Remember Ockams Razor...

Chuck
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