Author Topic: How to fund a long retirement  (Read 1476 times)

rcjordan

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How to fund a long retirement
« on: May 30, 2017, 02:32:39 AM »
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In essence, you’ll need to save enough – if you want the same standard of living in retirement as you had while working – to fund a much longer retirement than you might have anticipated.

http://www.marketwatch.com/story/how-to-fund-a-long-retirement-2017-01-10

Some good numbers in this article. It's not as inane as the headline sounds.
« Last Edit: May 30, 2017, 02:34:41 AM by rcjordan »

ergophobe

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Re: How to fund a long retirement
« Reply #1 on: May 30, 2017, 04:18:55 PM »
Time to start smoking and stop exercising
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The people who are predisposed to live longer are really at most risk here

rcjordan

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Re: How to fund a long retirement
« Reply #2 on: May 30, 2017, 05:54:59 PM »
Back in 2011, I wrote a js retirement calculator for couples --basically a hacked & tortured spreadsheet that could individually specify & apply inflation/depreciation/interest to a column. Then I poured my balance sheet into it, choosing some reasonable times for asset sales, major purchases, etc. I chose 91 as the DOD (and took flak from Louise on that).  I've been using those numbers and delayed SSA until 70, continued working, yada-yada.

We *might* squeak by.

Mackin USA

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Re: How to fund a long retirement
« Reply #3 on: May 30, 2017, 06:42:58 PM »
Retirement is B$

You can always find the time to MAKE MONEY
Mr. Mackin