$180k/year for retirement? Not enough. Here are my expenses!

来源: 2017-04-25 09:59:12 [博客] [旧帖] [给我悄悄话] 本文已被阅读:

I need about $500k a year during my retirement years.

$2.5M primary house: property tax=$50k/year and maintenance and garden=$15k

$1.5M vacation house: property tax=$30k/year and maintenance and garden=$10k

Travel: 4 time a year.  First class ticket=$160k and lodging=$100k

Dining: Michelin star restaurants: $1k per visit and twice a month=$24k

Clothing and bags: $100k

I am tired of listing everything.  That's it.  To produce $500k/year, you will need $12M with 4% withdrawal rate.  Keep working and investing.  One day, you will be there.  Good luck.