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Subject:  Re: How much for retirement? Date:  2/7/2011  3:48 PM
Author:  w2j2 Number:  68423 of 96950

1) By the time you retire, social security will not be available to anyone who has worked and saved his money.

2) You will be able to take 4% off your savings without cutting into principle.
i.e. If you want $80,000 / year, you will need $2 million invested.

Start saving and investing, as much as you can.
Buy dividend-paying high quality stocks, and keep reinvesting.
Avoid fund management fees.

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