Would it be Possible we need to Save Much Less for Retirement?
Based on the proverbial 4% Safe Withdrawal Rate, you would need to accumulate $1 million in order to seriously think about whether both spouse could both retire or not.
The 4% withdrawal rate is tested through historical rolling 30 year periods, on a 50% equity 50% bonds allocation. 4% gives a high probability your money would last 30 years….
Read more at: http://investmentmoats.com/financial-independence/possible-save-much-less-retirement/
