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Old 07-10-2006, 03:46 PM
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Default Re: Financial independence

Quote:
Originally Posted by lillyb
Could you retire on a million bucks?
Could I? I suppose so, but it would be impossible to maintain anything approaching my current standard of living since I earn 6 figures now. Cutting that to 40K would be a tough adjustment but we could do it if we really had to for some reason.

To fund retirement adequately, I'm shooting for $2.5 to $3 million.
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