Quote:
Originally Posted by sweeps
That would make for a good thread topic. How much would it take for you to retire right this minute. I think it would be $3 million for me.
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This question came up in another thread. Assuming you would want to retire early, how much would you need to have right now in order to do so?
I said $4 million. Retiring at 43, I would want to be conservative and not draw more than 3% from my portfolio, at least in the early years. That would give me $120,000 which should be just fine. This assumes that my wife would stop working as well.
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Steve
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