How much money is enough?
 

when will you retire?

At what savings do you need these days to retire and retire good..not eating cat food...

im 30 and i have retail businesses and invest in real estate..plus my online brings in a hefty check...

House and car paid off yes but how much spending money?

What is the monthly cost of your standard of living?
Do you have other retirement goals such as traveling etc?

im good where i am now, gets me everything i want, when i want, so im coooo:thumbsup

Enough, so you don't need to worry about what you spend.

me too but you still work! im talking retirement

Depends on your lifestyle, my dad would say 300k in the bank is enough... ME add a zero...

C

its never enuff, the sky is the limit

i could hire someone right now, and retire, so im at the point.

How much does an island in the Bahamas cost..hehe

Bud Fox: How much is enough?

Gordon Gekko: It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.

Gordon Gekko: I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing.

Anything else to say?

$10.000 /month 4 life.Also house paid for.:thumbsup

:thumbsup

one of my favorite fictional quotes.

30k/month - is enough.



FOR NOW :Graucho :Graucho

This is not true..you still work even if someone is running your business...you still work in a way...you should know if you neglect any business it will drop in productivity...ive semi retired for the last 5 years making cake last year...but i still worked...with ppl running my businesses...

im talking Bahamas, travels, never working again NO EMPLOYEES

If you know how to make cash - Their will be something inside you telling you to go on - Never retire.

I was going to retire at 50 - Couldn't resist the urge to carry on.

Hello,

IMHO, at 30 you should not have your house paid off... Use that equity to be doing other projects that will create income or equity. Morgage rates are really low... lock in a great rate, an get that equity out and use it to make a 10% return and your ahead of the game! Just a thought... Besides home morgage interest is tax deductable also.

Good luck,
sound like your doing all right...

This is my point...ive tried to retire but making money is so easy but im ready..hehe

Yes this is what ive been doing i own 9 houses and in san diego and Las vegas weve have gains over 200% in the last few years i sold a few and refied but thats work man!!!

and property managent companys suck...hehe

hehe but 30k is 360k a year who can spend that kinda money?

ill retire when i die and go to boob heaven!

http://www.crazypiglet.com/files/picture/28845806.jpg

5 mill would be enough for me.

All I need is enough to provide for my wife and kids forever...

lol those things are too big

oh man that pic made my day!:)

I'm not into huge boobs especially... but anyone who can look at that and not get a woody is DEAD!

I would consider a constant flow in amount of 60k/mo be a good point to retire.

when I hit 1.4 million is when I'll retire

They say when you retire now to live without a worry you need to have 10million.

10 mil is way overkill....So for 20 years thats 500k a year...who made 200k for the last 20 years?

If you had your houses, cars and boats paid off...cost of living included mabie 100k a year that still gives you a allowance of spending almost 9k a month..with no monthly bills thats kinda over kill..

i mabie spend 5k a month on toys NOT BILLS thats 20k a month and 5k is good for me...so i guess i only need 1.2 for the next 20 years...woohoo...got that in the bank....

Bahamas here i come :glugglug

I don't understand people that want to retire.

If you love what you do why would you want to give that up and play golf every day. That gets boring so fast.

I want to die at my desk. :glugglug

hehe..yeah my case is i became a workaholic when i was 22 opening up businesses...im tired and have succeded my goals..

i want to travel and enjoy life while im young not be a Mr.Burns when im 60 and to old to travel..hehe

although making money is too easy for my now it will be hard to stop...Greed kills souls, money is not the answer

yeh too big and too fake!

i must be too damn picky, but those girls are jacked up, and their boobs are terrible....goes to show what happens when you try and find the cheapest and fastest plastic surgeon

Agreed ugly on all fronts..you guys need to get out more often if you like those basketballs

there are many other worthwhile pursuits beyond running businesses and making money. i don't understand why people can't grasp that.

the very last thing i want to do is die at my desk :)

I haven't thought of retiring. I enjoy a great balance between work and play. We would need at least 5 million plus to travel as much as we wanty and have the right people look after our businesses. :)