tag:blogger.com,1999:blog-7142117360933176705.post698973641673296900..comments2020-12-08T11:04:41.934-05:00Comments on Common Sense Financial Management for Women: How Much Money Will You Need to Retire?KittyMhttp://www.blogger.com/profile/17773189968323920199noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7142117360933176705.post-66446779256973406112011-02-14T20:34:09.710-05:002011-02-14T20:34:09.710-05:00Hi, Kitty,
I take issue with the 90%-of-income est...Hi, Kitty,<br />I take issue with the 90%-of-income estimate needed to retire. If you are making a $1M/year, then 25% should be more than adequate. If you are trying to live on $30k, then $125% might be more reasonable. As an alternative, how about: 90% of what you spend now on your expenses, plus health expenses and inflation. For me that might be 60%-65% of my current income.<br />--DPMAnonymousnoreply@blogger.com