Quote:
Originally Posted by GGG
I think your 1st couple is far worse off. They have a combined income of 280k and only 600k in assets. So essentially have been spending 140+ per year after tax and are no where close to the 2.5 million+ they need to support that spending...
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That's the whole point of this thinking exercise though. Should families' goal be saving for some hypothetical future spending level in retirement at the expense of not living life to the fullest now while you still can?
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"An idea is always a generalization, and generalization is a property of thinking. To generalize means to think." Georg Hegel
“To generalize is to be an idiot.” William Blake
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