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<<Let's say I feel I can retire comfortably with an annual income of x. How do I go about figuring how much of a nest egg I will need?

I am not overly interested in preserving the sum to pass on to anyone, so I don't mind it diminishing at a safe rate. However, I want to plan on living 40 years or so after I retire.

I know I've seen something around here, but nothing came up on my search.>>

Cameron and galtsgulch (John Power) gave you some good leads. I think Robert's approach is ballpark, but too simplistic for my taste. It also assumes a 3% inflation rate when historically it's been over 4%. (No, I don't think inflation is gone forever.) John's 4% withdrawal is reasonable, but somewhat conservative. I think perhaps as high as 6% is sustainable. Scroll back to 8/28/97 in this folder and read the long series of posts under the subject "Retiree Portfolio," and you can see some of the considerations and gyrations such a projection entails. They will provide food for thought.

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