well? what do you guys think is the average number?
Whats a good amount of CASH and ASSETS to retire with?
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To many factors. Lifestyle, what you plan on doing, health, and so on.
So my magical number is .01 more than it costs to get rid of my body.Comment
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now a days you would need at least a few mil to retire comfortably...Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000
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I reckon about $100 million and I'd be HAPPY to retire. Any less and I'd have to be old before I thought about it.Comment
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I was going to respond to bunch of people, but it would be just as easy to group my responses in on post. It is as follows:
You are all fucking retarded. 5 million? Are you fucking stupid?
99.9% of people retire with way less and live fine. Sure, maybe you need more if you work for yourself, but seriously, what is an average pension these days? Add a little for benefits.
Honestly, if you couldn't retire today with 1 million dollars, you probably are the biggest moron when it comes to money. Make a modest return on that 1 million, and you will be making more per year than most people in the US.
You don't need to retire with ferraris, multiple houses, and all that fancy shit.Comment
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I was going to respond to bunch of people, but it would be just as easy to group my responses in on post. It is as follows:
You are all fucking retarded. 5 million? Are you fucking stupid?
99.9% of people retire with way less and live fine. Sure, maybe you need more if you work for yourself, but seriously, what is an average pension these days? Add a little for benefits.
Honestly, if you couldn't retire today with 1 million dollars, you probably are the biggest moron when it comes to money. Make a modest return on that 1 million, and you will be making more per year than most people in the US.
You don't need to retire with ferraris, multiple houses, and all that fancy shit.
do you have ANY idea where you are?
this is GFY, when we go to take a dump we grab a handful of 100 dollar bills and light our Cubans, after we are done taking a dump we grab another handful, wipe our asses, and head straight to the Bahamas to spend the weekend in the Atlantis Bridge Suite
and you want us to retire on $5 million????? nigga, pleez
p.s. when we're not busy taking a dump or chilling in the Bahamas we post on GFY for $50 a monthComment
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I was going to respond to bunch of people, but it would be just as easy to group my responses in on post. It is as follows:
You are all fucking retarded. 5 million? Are you fucking stupid?
99.9% of people retire with way less and live fine. Sure, maybe you need more if you work for yourself, but seriously, what is an average pension these days? Add a little for benefits.
Honestly, if you couldn't retire today with 1 million dollars, you probably are the biggest moron when it comes to money. Make a modest return on that 1 million, and you will be making more per year than most people in the US.
You don't need to retire with ferraris, multiple houses, and all that fancy shit.
Unless you live in the 50's or yuo are 50 you need a lot more than 1 mil
for a basic lifestyle to retireComment
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Hmmm it all depends on what your lifestyle is like... I was listening to a guy on the radio that retired at the age of 35. He had $450,000 in savings and on average brought in a 8% return on his money. So basically he was bringing in $36,000 a year in interest... He did have to pay taxes on that too but he really didn't have many expenses and his house was paid off. The reason he was on the radio show was to announce his new book on how to retire early hehe ;)
I don't think I will ever retire, I'm paid to do something I really enjoy
DHComment
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unlimited coke and hookers and im sorted for life.Comment
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Correct sire.I was going to respond to bunch of people, but it would be just as easy to group my responses in on post. It is as follows:
You are all fucking retarded. 5 million? Are you fucking stupid?
99.9% of people retire with way less and live fine. Sure, maybe you need more if you work for yourself, but seriously, what is an average pension these days? Add a little for benefits.
Honestly, if you couldn't retire today with 1 million dollars, you probably are the biggest moron when it comes to money. Make a modest return on that 1 million, and you will be making more per year than most people in the US.
You don't need to retire with ferraris, multiple houses, and all that fancy shit.
What kills me on this board is that in questions like these, there are people who claim their 'comfortable' lifestyle includes Heff's mansion, Ferrari's, exotic trips, and all this other shit.
It's nice to have dreams, and maybe you are so high society you think you MUST have all of that shit. Most of which you do not have now, nor will ever have. But as a keyboard warrior, you have the best of everything.
Regardless,.. I would say that if you can't retire on 1-2 milllions making the right investments, you are a complete tool.
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those of you trying to retire with 5million in the bank... how many of you have more than 5k of that already? =]Comment
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well, if you're here for 5 years and dont have a Ferrari yet, then you're a loser, didn't you know?
I don't use ICQ anymore.Comment
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So much shit on the board it's fucking funny... very few on gfy (just like others not on gfy/ real life) you have your very top 1% that make serious $$, called "fuck you" cash, then you've got the next group that has a few assets and the rest (majority) don't have 2 dimes to rub together.
Wake the fuck up and be realistic! Start acquiring property, pay yourself weekly or mthly and pay off debt if you have
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5 million would only be 150k/year on tax free fixed income, which probably wont be much by the time you retire... Assuming our dollar doesnt collapse and we are invaded and taken over by china

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