You can't follow the general rules when you retire so early though. Medical expenses are just one piece of the pie. It's just what is screwing over everyone trying to retire now. What else is going to happen in the next 40 years? What if you live past 100?
Incomes taxes are actually fairly high on retirees but the media hasn't quite picked up on it. Quite a few thing have changed in the last decade to make this so.
I'd say 1.5M is not enough. $350k is DEFINITELY not enough! $2M may suffice but it depends.
April 13th, 2009 at 02:55 pm 1239630951
Incomes taxes are actually fairly high on retirees but the media hasn't quite picked up on it. Quite a few thing have changed in the last decade to make this so.
I'd say 1.5M is not enough. $350k is DEFINITELY not enough! $2M may suffice but it depends.