Reply to And that’s the $5M point

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We just crossed it, this morning, based on this market price advance. (Investment portfolio, not counting house.)[/quote]

That is nice. But I just heard you now need ten million to retire. It is a big milestone. But what gets me mad is I was told when did my first 401k if I hit one million I could retire rich!!, then around 10 years ago Suzie Orman started pushing you really need 5 million to retire. Ok, I get it inflation. Now in the last year or so people are pushing you need 10 million. They are staying 5 million is ok if you are 65 today but a 45 year old person will need at least 10 million by the time they retire.

When does it stop? I guess kids in college today will need 20 million to retire.    [/quote]

The minute you die, it stops immediately, and you can die randomly at any moment. So instead of worrying about how many millions you will need, just do your best and remember to enjoy life.[/quote]

Exactly! Can't take money with you to the grave. Some of you need to remember to LIVE a little. Take the trip! [/quote]

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