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Money and Finances
Reply to "40 years Old Financial Calculators Fail Us Thread For Good Savers"
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[quote=Anonymous]I find it hard to believe that a calculator says you need to save 75% or more of your take-home income to retire. That's quite contradictory in itself since it assumes you are able to live just fine on the 20% left. (Assuming $220k income, 30% total taxes which may be low, $10k/month is 76% of take-home.)[/quote]
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