Quote:
Originally Posted by genuinegirly
If we live someplace in the midwest with the same expenses we face today and no inflation, we could easily live on $14,000/year. If we wanted a 20-year retirement, that would only be $280,000. If we wanted a 40-year retirement, we would need $560,000. That's far less than a million dollars, but it will still take us some time to save that much.
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I think something like this should be featured prominently in my retirement plan—just replace Midwest with Western Canada: Saskatchewan or Manitoba maybe. This is mainly because I'm hitting my mid-thirties and I've yet to start saving for retirement.
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Knowing that death is certain and that the time of death is uncertain, what's the most important thing?
—Bhikkhuni Pema Chödrön
Humankind cannot bear very much reality.
—From "Burnt Norton," Four Quartets (1936), T. S. Eliot
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