View Single Post
Old 02-10-2016, 09:33 AM   #27
peter12
Self Imposed Retirement
 
Join Date: Jul 2002
Exp:
Default

Quote:
Originally Posted by bizaro86 View Post
I won't make your eyes bleed with another table, but if you assume a 5% return, this fictional "below AB median wages family" would need to save 12.5% of their income every year to end up with a $1MM nest egg at age 66.
Which is not horrible. As I said, we humble folk save upwards of 20% of my income, and we do just fine.
peter12 is offline   Reply With Quote
The Following User Says Thank You to peter12 For This Useful Post: