What's your "number"?

[Anonymous]

We probably won't retire until our late 70's, so maybe 3 million?

[Anonymous]

Anonymous wrote:

Three million would provide a nice monthly check and various types of insurance without touching the principal.

OP said $2.2 million liquid. Let's assume the rest is a paid for house. About the most you can get without taking significant risk is 3.5% right now. That's 75K per year. Back out the cost of health insurance for a family, say 15K per year, and you are left with median family income of 60K. There's worse things, to be sure, but the multi-millionaire OP is going very far without spending down principle. It's appalling, really.

OP here. I agree, DH does not. Thanks for commenting.

[Anonymous]

Only 1 million.Hoping to retire in a small village abroad-cheap,fresh air,organic farming-"The Simple Life".

[Anonymous]

Anonymous wrote:Only 1 million.Hoping to retire in a small village abroad-cheap,fresh air,organic farming-"The Simple Life".

I am becoming increasingly interested in retiring abroad. There are many countries where our standard of living would skyrocket. Even factoring in two month-long trips home each year, and air fare for the kids/families to come visit once a year, we still come out way ahead.

And yes, we could get the same result retiring to some remote area of Florida, or some small town somewhere. But I don't want to live there. I'd hate it, in fact. I'd much rather live in Buenos Aires, for example, and come back twice a year.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Only 1 million.Hoping to retire in a small village abroad-cheap,fresh air,organic farming-"The Simple Life".

I am becoming increasingly interested in retiring abroad. There are many countries where our standard of living would skyrocket. Even factoring in two month-long trips home each year, and air fare for the kids/families to come visit once a year, we still come out way ahead.

And yes, we could get the same result retiring to some remote area of Florida, or some small town somewhere. But I don't want to live there. I'd hate it, in fact. I'd much rather live in Buenos Aires, for example, and come back twice a year.

Retiring abroad. Which country is the best place?

[Anonymous]

$20mm

[Anonymous]

15 million

[Anonymous]

I agree about a modest retirement overseas. I have $450K at 44 y/o, divorced so it's only what I have at this point and here out.

I think I'd like to semi-retire with $2.5M and my home paid for. Work part time for the mental stimulation and partially pay bills with income. My parents' brains have turned to mush after retirement and a steady diet of Fox News. Not my idea of Golden Years, TYVM.