Quote:
Originally Posted by Matt Monson
Man, you guys must be really good investors or super frugal. I’ve had this conversation with my 40-something friends and we generally agree $8-10 million to retire today and continue with current lifestyle for another 40 years.
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I reckoned 5 then sink it into triple tax free munis at about 4%. Invest anything left over at the end of the year.
The thought of not paying taxes is more attractive than the potential return in the market.