|Posted: March 23, 2013, 2:48 am - IP Logged|
$3M AT is the lowest I could go to "retire" and live somewhat comfortably.
$99 M after taxes & tithe does get me much more comfort though...
- $10M House on the beach
- $20M TF for kiddo
- $10M for 5 large bank accounts, new furnishings for new house, couple of nice vehicles & a vacation or 2.
- $10M in Dividend Aristocrats
- $50M in tax free munis @ 4.5% (or better) which genrates $2.25M/yr tax free. If you can't live on $1M/yr tax free and keep re-investing the rest, then your priorities are out of whack.