Required retirement nest egg
My post yesterday regarding a franchise opportunity got me to thinking hard about risking a portion of my retirement portfolio. Which lead me to wondering what a good retirement nest egg should look like. Tough question I suppose considering that there’s so many factors that vary between individuals. No doubt it’s something many of us have pondered. So many factors such as age of retirement, part time work during retirement, mortgage free or not, desire to travel, etc, etc. The 4% rule has been floating around for a number of years. Tough economic times and uncertainty are making it even more difficult to make these decisions. What’s everyone’s thoughts? 1 million, 2, 5?? Would sure be nice to retire early to enjoy life a bit more with a part time gig for extra play money.
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