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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I'm saying on average over the next years including taxes. Don't forget that all interest and money made on investments is still very taxable. This is being "retired." Like I said before, if you are working at 5% return year in and year out, it's very possible, but you are not retired.

Have you looked at the weak bank interest rates right now? And low yeild stock options aren't going to be doing so hot either.