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Old 11-07-2005, 11:41 PM
TheMainEvent TheMainEvent is offline
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Join Date: Apr 2005
Posts: 544
Default Re: How much money would you need to retire right now??

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You people are crazy. First of all, getting a 5% return on investments year in and year out is not an easy thing to do. That is not retiring. You can expect about a 1% return on average, and that's not including taxes.

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Huh? I agree 5% is a little high if you are concentrating on "safe" investments, but 1% is definately too low. Hell, even for a savings account that is low.
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