^^^^^. Because Anchovia was already owned by the Kingdom of Animalia

quote:

Originally posted by PeterGV:
For retirement purposes, at 65 years old, it would be no less than $2M cash (invested), and house paid for.

100% what I need.

Lump sum is a bit easier for me to calculate.
1 million is what we would need.
That would pay off the house, buy 4 ghost years towards retirement, invest the rest and that would pay for 3 kids (oldest is 4) schooling thru college.
Wife would quit working. With buying 4 ghost years I would retire in 4. We could easily live off my pension (health care included) and what we already have invested since the house would be paid off and kids schooling taken care of.

quote:

Originally posted by Aeteocles:
Otherwise, I'm going to keep pushing towards making more money. Why stop? I don't wish to just be comfortable, or even rich. I'm gunning for F You Rich.

Bernie or some other Dem is going to ask you to donate 60% of it to all those who just can't see to find work after getting their PhD in the mating habits of the cinch bug.

Whenever a potential client asked me to do something non-kosher, I would say that my fee would be 2.7mil USD. No takers.

It sounded like a nice, round number.

I retired at 52. I got a pension which was cut when I was forced to start withdrawing SS at 62.
I did get a part time teaching job at a couple community colleges. I have not touched the money I put into my retirement fund yet.

My wife retired and took a buyout. She retired after I did. She had investments as well. She now has an investment counselor who is doing quite well for her.
We have no payments monthly other than a car lease....we really do not need. We have 2 other cars and a Truck and a couple of motorcycles.

We have talked about building a new house, but I am afraid of what the property taxes would be..not only to start out, but what they could balloon up to. You never can be sure of taxes.

Not sure what the exact number is, but I am there. Put 3 kids thru college with no student debt. Retired at age 57, and never looked back.

quote:

Originally posted by bozman:
I plan on retiring at 55 (9.5 years). My planner says I need roughly 2.5 mil. at 55 (I am on track with my investments... a bit ahead thanks to the President).

The planner says with 5% growth, I will have a just under a million left when I die at 100. I don't plan on living to 100 and I don't have kids, so why I need 2.5 mil is beyound me. I need to find someone who wants my NFA toys and money when I keel over at 70. Maybe a SigForum Karma?

I think they want to keep you working. Most investment counselors peg 4% per year as what you can safely pull out but I think that's too conservative.

quote:

Originally posted by anglertoo:

quote:

Originally posted by parabellum:
9.2 billion USD and the island of Sardinia

Out of curiosity, why Sardinia?

Clam silk, what other reason could possibly make sense?

for me, anything > 0 would be nice.

Since I retired military and will get tricare for life when I reach eligibility that simplifies matters greatly. I figure 65-75% of what our current income is would cover us well in retirement so pretty much 100k

$24,000.00 per month

This message has been edited. Last edited by: bendable,

I could probably make 20 million work.

Retired state worker....

Lifetime Pension + Social Security = $50K annually. Pension plan pays for meds, very small co-pay.

$250K in CU Money Market.

Damn few bills. No house....no wife, either.

$12 million lump sum and $150k per year

More......