mark500
Recycles dryer sheets
- Joined
- Feb 26, 2006
- Messages
- 146
It tells of a couple in their mid 50's with "several million set aside". This couple "devoured books about retirement", and "calculated future cash flow needs with great precision". They had "spread sheets up the ying yang" and calculated they "needed a minimum of 3% annual return on assets to retire a few years early".
They quite their jobs.
After the stock market began heading south, the retirement "glow dimmed fast."
The man decided to look for a new job. His wife remains retired.
Somthing is missing here. Did they really look at the numbers closely? "Several million" is not enough? Or is it just insecurity with the market decline? I wonder if they used FIRECALC.
They quite their jobs.
After the stock market began heading south, the retirement "glow dimmed fast."
The man decided to look for a new job. His wife remains retired.
Somthing is missing here. Did they really look at the numbers closely? "Several million" is not enough? Or is it just insecurity with the market decline? I wonder if they used FIRECALC.