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Reply to "Thoughts on how much I would needy retire luxuriously at 45?"
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[quote=Anonymous]Use one of those retirement calculators. $7.5 million definitely won't replace a $1 million a year income for very long. If you get a 5% return you'd get $375k per year without touching principal. That's not enough to retire luxuriously. But you also need to estimate how much you will be able to add to that over the next 10+ years. I've got $3.5 million so far and am trying to accelerate savings significantly over the next 10+ years just to have a semi decent retirement. [/quote]
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