Quote:
Originally Posted by bpu699
Money managers will tell you you need 2-3 million to retire. Mine told me I need 5-10  .
Personally, I think its a joke. Very few people will have anywhere near what is "suggested." I figure I will have enough, and am not going to worry. You can always throttle down your expenses, and sell your house... Last resort, become a burden on your kids  .
I see some pretty big welfare states and programs coming up...
People don't save. Pensions were not a bad thing... |
Money managers suggesting you need 5 -10 mil to retire? The more you invest the more the manager makes. Call me Captain Obvious...