[ranchlandsselling]

Originally Posted by HockeyIlliterate

This probably isn't the right thread for this, but how much money do you really need in order to live a decent life?

I figure that, with a paid off house and no kids, something around $40,000 is enough. Assuming you want a 2.75% or 3% withdrawal rate, something around $1.5 million in savings should be sufficient.

And, respectfully, I'd expect most professionals to have at least that much saved up by 50 years of age.

nm