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Reply to "How much do you need for an UMC retirement?"
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[quote=Anonymous][quote=Anonymous]UMC income is likely $250,000, so you will need over $6 million in income generating assets. [/quote] Two spouses earning max social security benefit is about 92k annually. That brings the asset side to about 4M. On the other hand, the actuarial rate of return is significantly overestimated in most retirement planning calculators. [/quote]
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