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Reply to "Would you retire with a NW of $10m?"
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[quote=Anonymous]I would absolutely retire with half of that and intend to as soon as possible. Are you currently spending (not saving) more than $400K a year? If you are, then do not retire. My husband and I spend about $120K of our $450K salary- the rest to savings, investments, and taxes. We plan to stop the plug at $5 million plus a pension of about $70K and that feels overly conservative. [/quote]
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