by keithold is a prodigal bagger on October 26th, 2009

keithold is a prodigal bagger

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Will we need a million dollars to retire?

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Answers. 11 helpful answers below.

  • by Ed the Jetpacking Headbanger on October 27th, 2009

    Ed the Jetpacking Headbanger

    Depends on where you live and your lifestyle.
    I was told that I would need at least a million 12 years ago. Where I live, that wouldn't be enough.

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  • by rose1980 on October 27th, 2009

    rose1980

    It all depends on your style of living. One can survive solely on their SS if need be.

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  • by Suspira on October 28th, 2009

    Suspira

    Without a doubt; if not more. The cost of living keeps going up and the American dollar is going down.

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  • by Symbeline on October 28th, 2009

    Symbeline

    If being a military Veteran won't, then nothing will.

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  • by Brian on October 27th, 2009

    Brian

    That partly depends on at what age one retires.

    I'd say that one would need that to retire in their 50's.

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  • by strange1 still in pb on October 27th, 2009

    strange1 still in pb

    200,000 will do

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  • by Tom 47 is back in his bear COAT on October 26th, 2009

    Tom 47 is back in his bear COAT

    I hope not! That rules out retirement for me. I will have to "die in the harness", as my grandad used to say.

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  • by Dodgy Dog in a Sable COAT on October 27th, 2009

    Dodgy Dog in a Sable COAT

    We just about need it now.

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  • by Anonymous on October 27th, 2009

    Anonymous

    Probably :P
    +5

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  • by philosopher-saint on October 27th, 2009

    philosopher-saint

    That's what the fear-monger 'money lenders' want us to believe (and even proselytize!), keithold.
    ;-)

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  • by Blithering on October 26th, 2009

    Blithering

    Probably but we will all need to know how to feed ourselves off the land also, money may not be worth the paper it's printed on by then. Best to prepare for whatever comes our way.

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