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[quote=Anonymous]No, because even without tuition, mortgage, etc. we could not be very happy living on $200k/yr. in retirement. We want to be able to travel, dine out any time, do fitness classes, treat our kids and grandkids to vacations, etc. I guess if the fixed income was for a relatively short time (say ten years bc you're trying to live on your spouse's low-pay job until 62 when you qualify for SS/Medicare), then maybe my answer would be different. But I still think 200k would be very tough if you've gotten used to the lifestyle that the finance/litigation job has afforded you. Speaking of your current job, I would think that the $3m PLUS whatever you were already saving toward retirement (plus investing on top of that) would come out to more than $200k/yr. by age 52. No?[/quote]
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