tag:blogger.com,1999:blog-4614944046348078075.post3106252361768684833..comments2023-05-15T11:34:08.402-04:00Comments on Second Career Search: What is a Big Factor in Early Retirement?felixhttp://www.blogger.com/profile/05451100604086376296noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-4614944046348078075.post-67747382282871400492014-09-25T11:22:20.649-04:002014-09-25T11:22:20.649-04:00Thanks for the comment, your skepticism is well-pl...Thanks for the comment, your skepticism is well-placed. You will need a high percentage (over 75%) of your investment in stocks to get an average 7% return and this is too high risk for most retirees.felixhttps://www.blogger.com/profile/05451100604086376296noreply@blogger.comtag:blogger.com,1999:blog-4614944046348078075.post-57901741821450837842014-09-25T11:20:20.503-04:002014-09-25T11:20:20.503-04:00Thanks for your comment. You are right that $100K...Thanks for your comment. You are right that $100K is a lot to live on. Two notes: (1) if you change the living costs to $50K and reduce the lump sum saved, the rate of return is still a big factor in the plan. (2) in the USA, the cost of a decent retirement home per month for a couple ranges from $5K to $10K per month.felixhttps://www.blogger.com/profile/05451100604086376296noreply@blogger.comtag:blogger.com,1999:blog-4614944046348078075.post-71536387842765798442014-09-25T07:34:07.686-04:002014-09-25T07:34:07.686-04:00It probably just me --- but I think $100K annual i...It probably just me --- but I think $100K annual income is a lot! Won't be as much when they are in their 80-90's I understand, but what on earth do 2 90 year olds do with that much income (assuming they are not in intensive care) The majority of people don't live on that much income during their working years. Mayhttp://messymoney.comnoreply@blogger.comtag:blogger.com,1999:blog-4614944046348078075.post-91710510361069517512014-09-25T07:11:05.140-04:002014-09-25T07:11:05.140-04:00I thought I was being overly optimistic with a 4% ...I thought I was being overly optimistic with a 4% growth rate on a portfolio, but was told by a few "experts", oh no, 7% growth is normal now. Why does this sound like the 90's again?Big Cajun Manhttp://www.canajunfinances.comnoreply@blogger.com