Talk of The Villages Florida - View Single Post - Investing: Can you retire on $1 million?
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Old 11-05-2014, 08:04 PM
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Quote:
Originally Posted by Certified Financial Group View Post
If you read any financial advertising, you know that your savings are inadequate, and you're likely to freeze to death in the dark a few weeks after retirement. For this reason, most Americans' retirement planning involves keeling over at their desks, or, failing that, starting a bomb-disposal unit as a retirement business.

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Bonds will not be as good of an investment as they were in the past. Thus I would look towards spending 3 to 4% a year or 30 to 40,000.