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How much $ do you need


Tulane Skins Fan

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1 million. 5 million. Those are pretty big numbers.

Just out of curiosity, how many of you posting those kinds of numbers, think that you'll achieve them?

1 million in future money is easy, given 3% inflation per year, which is kind of a long term average, so what many people use.

1 million in 2010 money by age 57? Yes, I'm on track for that. Possibly more.

Compound interest and market returns with low fees are powerful forces.

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Single, don't plan on getting married.  $500,000.  I would use $200,000 to buy a place in a more rural area, work part time for daily expenses like groceries and bills, and use the rest as a mix of luxury (vacations, dates, etc.) and security.

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