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Reply to "How much to retire at age 55? We are 50"
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[quote=Anonymous][quote=Anonymous]Only $10k a month, huh?[/quote] I just wonder if the calculators work well for “high” net worth individuals. I think my plan will be to pull a min of 10k per month out (and the rest will depend on the market). If the market is doing well, I’ll pull the 4 percent out-240k a year. I much prefer thre 4 percent rule :). I think the 10k per month seems ridiculously low. I think that’s a thing they call it flexible retirement or something like that. [/quote]
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