Whats a good amount of CASH and ASSETS to retire with?
 

well? what do you guys think is the average number?

el bumpos!

89776555789879890000

To many factors. Lifestyle, what you plan on doing, health, and so on.

So my magical number is .01 more than it costs to get rid of my body.

a ka-jillion dollars

1. Cars

2. House and lot (big enough to throw a big party in it)

3. $5 million will be enough for me to retire








Fuck, looks like I'll be working for the rest of my life! :(

more than you have

Hard to say.
More than 5Mil would be nice.

At what age? Tomorrow, or at 65

now a days you would need at least a few mil to retire comfortably...

And only live comfortably like 10 years ... especially in the U.S., with the rising cost of healthcare ... unfortunately.

I reckon about $100 million and I'd be HAPPY to retire. Any less and I'd have to be old before I thought about it.

5 mill euros since I'm living in Spain.
that gives you around €30-35.000 a month including inflacion
if invested proberly and secure

just buy a lot of lotery tickets. Thats Your best bet to retire.

depends on your lifestyle...

healthcare is a big thing that really isnt based on lifestyle (unless you smoke, drink, etc.)

najooooooooooooooooooooof

8 - 10 figures is alright

a few million

you need a paid off house,steady pension, and 100k min. in the bank and you sould be ok.

I would probably retire after I hit 50 million.

a good 100 mil...

I was going to respond to bunch of people, but it would be just as easy to group my responses in on post. It is as follows:

You are all fucking retarded. 5 million? Are you fucking stupid?

99.9% of people retire with way less and live fine. Sure, maybe you need more if you work for yourself, but seriously, what is an average pension these days? Add a little for benefits.

Honestly, if you couldn't retire today with 1 million dollars, you probably are the biggest moron when it comes to money. Make a modest return on that 1 million, and you will be making more per year than most people in the US.

You don't need to retire with ferraris, multiple houses, and all that fancy shit.

hm i don't know to read that number couse it is tooo big ;P

250k$ easy

1million is fine for me :)

do you have ANY idea where you are?

this is GFY, when we go to take a dump we grab a handful of 100 dollar bills and light our Cubans, after we are done taking a dump we grab another handful, wipe our asses, and head straight to the Bahamas to spend the weekend in the Atlantis Bridge Suite

and you want us to retire on $5 million????? nigga, pleez


p.s. when we're not busy taking a dump or chilling in the Bahamas we post on GFY for $50 a month

Just own everything. That should see you through.

$1.25 thats all it costs for a coke, im good after that

You sure has a very simple lifestyle, dude. :1orglaugh

walk up to any homeless guy you know, ask him if he likes his life... most will say yes... you don't need money to live ;)

Unless you live in the 50's or yuo are 50 you need a lot more than 1 mil
for a basic lifestyle to retire

Hmmm it all depends on what your lifestyle is like... I was listening to a guy on the radio that retired at the age of 35. He had $450,000 in savings and on average brought in a 8% return on his money. So basically he was bringing in $36,000 a year in interest... He did have to pay taxes on that too but he really didn't have many expenses and his house was paid off. The reason he was on the radio show was to announce his new book on how to retire early hehe ;)

I don't think I will ever retire, I'm paid to do something I really enjoy :)

DH

$10 million for me :)

unlimited coke and hookers and im sorted for life.

Correct sire.

What kills me on this board is that in questions like these, there are people who claim their 'comfortable' lifestyle includes Heff's mansion, Ferrari's, exotic trips, and all this other shit.

It's nice to have dreams, and maybe you are so high society you think you MUST have all of that shit. Most of which you do not have now, nor will ever have. But as a keyboard warrior, you have the best of everything.

Regardless,.. I would say that if you can't retire on 1-2 milllions making the right investments, you are a complete tool.


:disgust

those of you trying to retire with 5million in the bank... how many of you have more than 5k of that already? =]

well, if you're here for 5 years and dont have a Ferrari yet, then you're a loser, didn't you know?

:winkwink:

None of this matters, because bdjuf dosent have 2 nickles to scrape together.

:winkwink:


:1orglaugh :1orglaugh :1orglaugh

:1orglaugh

If you're house is paid off and you car is paid off then you can easily retire on a $1 million. Or over here £1 million (1.85 million dollars)

that should easily last you the rest of your life if you're sensible with it.

Definitely in the millions. The more, the merrier.

So much shit on the board it's fucking funny... very few on gfy (just like others not on gfy/ real life) you have your very top 1% that make serious $$, called "fuck you" cash, then you've got the next group that has a few assets and the rest (majority) don't have 2 dimes to rub together.

Wake the fuck up and be realistic! Start acquiring property, pay yourself weekly or mthly and pay off debt if you have :2 cents:

Im not going to argue this. Simply put, moderate investing would make the lifestyle very possible. Most people in the US retire with much less.

5 million would only be 150k/year on tax free fixed income, which probably wont be much by the time you retire... Assuming our dollar doesnt collapse and we are invaded and taken over by china :mad:

Not trying to be a dick,But If you have to ask then you are not ready.