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The Water Cooler
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Retiring
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<blockquote data-quote="Aries" data-source="post: 3303435" data-attributes="member: 44328"><p>I think that's probably the idea behind 10x annual salary, but I'm not certain that would generate enough interest to live on for most people... and why I say I probably wouldn't have been comfortable enough to retire on that.</p><p></p><p>I've also heard you should plan to live on to a certain age, but I don't remember the age... maybe like 90 or something? It's fairly high, whatever it is, pretty sure at least in the 80's.</p><p></p><p>My first answer probably should have been "Depends on how long you plan to live." LOL!</p></blockquote><p></p>
[QUOTE="Aries, post: 3303435, member: 44328"] I think that's probably the idea behind 10x annual salary, but I'm not certain that would generate enough interest to live on for most people... and why I say I probably wouldn't have been comfortable enough to retire on that. I've also heard you should plan to live on to a certain age, but I don't remember the age... maybe like 90 or something? It's fairly high, whatever it is, pretty sure at least in the 80's. My first answer probably should have been "Depends on how long you plan to live." LOL! [/QUOTE]
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