Quote:
Originally Posted by Bucketlist2012
Ameriprise tried to sell me annuities..  Before the crash in 2006/2007...I stayed in Cash after selling a home....That way I was in control of the money in 2009...
Also people need to do the research..One study says you need 11 times your yearly spending to survive retirement...
I say you need 14 to 17 times your yearly spending in funds to survive...And it must be invested for dividends , ect.... And not in cash.
Filling out the paperwork now for the 3.75% 30 year fixed right now... |
I think that holds true if your expenses/lifestyle stays the same, at least from what I've heard... I am planning on 1.2 to 1.5 with the hopes of 5% ish for my return, bout yrs 10 to go, hopefully no more....we'll see...and that's a little under what I make now. Mike