cougarguard.com — unofficial BYU Cougars / LDS sports, football, basketball forum and message board - View Single Post - How much do you plan on having at retirement?

Mormon Red Death · 05-24-2007, 05:23 PM

most of us wont have a pension and social security will be low so How much do you think you need.

I am 31 and I figure I need about 2.1 million in the bank to live a pretty good lifestyle when I retire at 63. Assuming I live to 93 and I take 75% of the equivalent of 8,000 a month out to live on (not counting assets such as house or cars etc..)

05-24-2007, 05:23 PM	#1
Mormon Red Death Senior Member Join Date: Jan 2006 Location: Clinton Township, MI Posts: 3,126	How much do you plan on having at retirement? most of us wont have a pension and social security will be low so How much do you think you need. I am 31 and I figure I need about 2.1 million in the bank to live a pretty good lifestyle when I retire at 63. Assuming I live to 93 and I take 75% of the equivalent of 8,000 a month out to live on (not counting assets such as house or cars etc..) __________________ Its all about the suit