GTFan
Thinks s/he gets paid by the post
For those who subscribe to the $2m is the new $1m as a retirement nest egg. I have a feeling a lot of those on this site do. Simply withdrawing ~$65k a year it will last 30 years. Add SS at 62/65 (or whatever) and folks should be golden assuming average lifestyles.
LOL, I'd never want to wait that long. Hell I don't even spend enough to need $1m at this point, could have retired years earlier but left the first year I was eligible for a MegaCorp ER parachute. Well that and the ACA going into place.
It's too easy to only need $1m (or less) if you're LBYM, live in a low-cost area and everything's paid for. And we still take nice vacations, go out to eat and buy whatever we want, which isn't much (it helps to play the credit card bonus game, do some couponing and hunt deals etc - we don't pay for flights or hotels and groceries are generally about 40% off of retail.).
Spending $2k a month is an extravagance for us.
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