Jacobius, Arleen
As an individual, in order to retire early and live on a household income equal to 200% of FPL and a 4% rate of return or withdrawal rate, you would need to amass $679,500. In other words, $679,000 in taxable investments at a 4% rate of return is required to generate $27,18...
The sad part about wondering whether 10 million dollars is enough to retire comfortably is that plenty of people who make a lot of money still go broke. Just look at so many ex-NFL players who end up with very little soon after their careers are over. The reason why they end up broke...