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Originally Posted by cc3159
Actually the $70k does include taxes.
Good point. I'm thinking that if I could get the portfolio up to about $1.7M in the next 2-3 years, I'd be much more comfortable stopping work.
I used the SS website to do the forecast -- and assumed no income from 2011 onward.
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You have your bases covered then. Not a big margin of safety, but it should work as long as you remain flexible. Good luck!
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