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03-05-2019, 07:59 AM
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#1
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Confused about dryer sheets
Join Date: Dec 2009
Location: Miami, FL
Posts: 4
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How much do you need?
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03-05-2019, 10:03 AM
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#2
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Thinks s/he gets paid by the post
Join Date: Oct 2013
Location: Cholula
Posts: 1,594
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How about including a brief excerpt?
__________________
“Before you criticize someone, walk a mile in their shoes. That way, you’ll be a mile from them, and you’ll have their shoes.” – Jack Handey
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03-05-2019, 11:09 AM
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#3
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Full time employment: Posting here.
Join Date: Oct 2018
Posts: 529
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A new analysis from the cost information website How Much shows how much of a nest egg you need in each state to achieve financial independence for an early retirement.
The data used in the analysis were compiled by Go Banking Rates to take into account the annual expenditures of people at 35, 45, and 55 years old. They are then compared to cost of living data from the Bureau of Labor Statistics to arrive at the total in savings one would ideally have in each age group to make his or her nest egg if retiring at that age.
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03-05-2019, 11:12 AM
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#4
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Full time employment: Posting here.
Join Date: Oct 2018
Posts: 529
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^^^
From the article mentioned.
Essentially 1.5 to 2.5 million depending on age and state the coasts are at the high end middle America less.
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03-05-2019, 11:17 AM
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#5
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2003
Location: Florida's First Coast
Posts: 7,362
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 Quote:
Originally Posted by candrew
How about including a brief excerpt?
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It is very short, take a chance and read it, it will take you a whole 10 secs to get the idea. 
__________________
"Never Argue With a Fool, Onlookers May Not Be Able To Tell the Difference." - Mark Twain
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03-05-2019, 11:33 AM
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#6
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Recycles dryer sheets
Join Date: Aug 2014
Posts: 289
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You can retire at 35 with less money than at 45?
I agree with OP, those graphics must be reversed.
__________________
“It's a terrible thing, I think, in life to wait until you're ready. I have this feeling now that actually no one is ever ready to do anything. There is almost no such thing as ready. There is only now. And you may as well do it now. Generally speaking, now is as good a time as any.” - Hugh Laurie
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03-05-2019, 01:57 PM
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#7
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Thinks s/he gets paid by the post
Join Date: Feb 2014
Location: Syracuse
Posts: 3,448
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Uh Oh.
Looks like I must go back to work!
__________________
“No, not rich. I am a poor man with money, which is not the same thing"
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03-05-2019, 02:07 PM
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#8
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Thinks s/he gets paid by the post
Join Date: Nov 2013
Location: Bay Area
Posts: 2,745
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Quote:
Originally Posted by GravitySucks
Uh Oh.
Looks like I must go back to work!
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No, just move to a lighter color State. 
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03-05-2019, 02:30 PM
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#9
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Thinks s/he gets paid by the post
Join Date: Feb 2014
Location: Syracuse
Posts: 3,448
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Still would not have qualified back when I retired.
Somehow struggling through. Must be getting by on my good looks.
__________________
“No, not rich. I am a poor man with money, which is not the same thing"
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03-05-2019, 03:27 PM
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#10
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Thinks s/he gets paid by the post
Join Date: Aug 2013
Location: North
Posts: 3,836
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Quote:
Originally Posted by Vacation4us
^^^
From the article mentioned.
Essentially 1.5 to 2.5 million depending on age and state the coasts are at the high end middle America less.
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That is what I am shooting for. 1.5 to 2.5mil invested at FIRE@50, obviously the more the merrier. Also want all mortgages paid off to lower COL in FIRE, for peace of mind. Of course SS, Pension, Rental Income and any potential inheritance should make the journey easier.
__________________
Time > $$$ ~ 100% equities ~ FIRE @2031
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03-05-2019, 04:13 PM
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#11
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Thinks s/he gets paid by the post
Join Date: Apr 2013
Location: Gosport, IN
Posts: 1,183
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Like most analyses, too many variables to come up with a valid answer.
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03-05-2019, 04:15 PM
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#12
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Thinks s/he gets paid by the post
Join Date: Dec 2014
Posts: 2,509
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Guess I failed
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03-05-2019, 04:20 PM
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#13
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Thinks s/he gets paid by the post
Join Date: Nov 2013
Location: Bay Area
Posts: 2,745
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Quote:
Originally Posted by wmc1000
Like most analyses, too many variables to come up with a valid answer.
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+1000000. I LOL'd after going to the link.
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03-05-2019, 04:44 PM
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#14
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2016
Location: Colorado
Posts: 8,895
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*cough* it all depends on your expenses *cough*
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03-05-2019, 04:52 PM
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#15
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Thinks s/he gets paid by the post
Join Date: Dec 2015
Posts: 1,140
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Quote:
Originally Posted by cocheesehead
*cough* it all depends on your expenses *cough*
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Exactly!! But don't tell Fidelity, TRP, Vanguard, Ramsey or any number of other hucksters that. It's X% of your current salary * some mysterious, random multiplier - didn't you know that?
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