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Reply to "How much annual budget do you need to feel comfortable in retirement?"
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[quote=Anonymous]We are aiming for $20k/month or $240k/year. So, $8M at the 3% rule. We could definitely be happy with less but that's the goal. We are planning to own one home (roughly $1.5m value in today's money) travel extensively and spend a lot of time with kids and grandchildren. No country clubs or second homes, aren't into designer products. Nice cars replaced every 7-8 years but not range rovers or anything. [/quote]
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