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Reply to "Thoughts on how much I would needy retire luxuriously at 45?"
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[quote=Anonymous][quote=Anonymous]to reliably have an income of about $1 million going forward, you should have an asset amount in the range of $26 million. [/quote] OP said they live on 25K a month in expenses, so they don't need to continue having an income of $1 million a year once they've reached "the number" in savings. I would say that having enough revenue to generate double the current rate of expenses at a modest ROR (maybe 5%) leaves a comfortable cushion for expense creep, due to inflation and the desire for more comforts as one gets older. I don't have a financial calculator handy, but I'd estimate that $15 million would be enough. [/quote]
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