You might want to sit down for this. They said that to retire 'comfortably' in Missouri at the age of 65 you need...(*drum roll*)...$1,220,514. Now for the good news. Missouri's retirement cost is 8% cheaper than the national average. How many rich people live in America anyway?
One alternative to living a more comfortable early retirement is increasing our withdrawal rate. But this is difficult to do because we've been in the habit of saving and investing for so many years. Theproper safe withdrawal rate in retirementis dynamic. Although it'seasier to make more p...
By now, we should all agree that 10 million dollars is enough to retire well. However, I still suggest generating additional side income in retirement to ensure your capital will last for another generation. Earning side income also brings about asense of purpose. When I “retired” in 2012,...
provides shelter, generates income, and is less volatile than stocks, so you invest all your money in residential real estate for retirement. Bonds are boring and simply don't provide enough upside.