Mission:Nontrivial

12 June 2006

Retire at 47?

Money.cnn.com is my go-to site for interesting financial stories. Today is no exception. This question and response has great rules of thumb for anyone thinking of retiring.

Just keep a few things in mind. You may end up living a lot longer than you thought (who'd have thought that would be a problem?), and don't count on any money outside of your control (pension, social security, etc.).

I'd figured we'd need about $4 Million in 2006 dollars to retire. By even the most conservative estimate generated in my last post, we'll have that by the time we're 50. At least until we're bankrupted by inflation and kids. ;)

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