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Personal Finance (Not Investing) • how much do you think you need to retire?

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Not sure that I could ever come up with what I "need to retire." I'm retired, living a life free of financial concerns. May all of you have that same feeling when it comes your time to retire.
So how did you come to the conclusion that you could retire when you did?
Or, if you were forced into retirement for reasons outside of your control, how are you living free of financial concerns?
It was on my own terms, and my own timeline.

The conclusion was reached by looking at our accounts, our continuing income streams, and our known yearly expenses. No sophisticated analysis needed, but reassured by using various Monte Carlo simulators that told me what I already knew.

Now, if those simulators only knew that one day (today), I would have to pay $9.39 for a loaf of bread. Eek.

Statistics: Posted by Cruise — Sat Dec 23, 2023 12:09 am — Replies 206 — Views 16057



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