Comment Comment by warrenm Here's how I answered this on Quora 2 years ago:>In short, you want ~25x your annual expenses to be able to retire (not annual income - annual expenses). This allows you to draw ~4% every year and more-or-less never run out of funds (presuming a conservative, stable investment.________________https://www.quora.com/How-much-money-do-you-think-you-need-t... parent warrenm 8 years ago
>In short, you want ~25x your annual expenses to be able to retire (not annual income - annual expenses). This allows you to draw ~4% every year and more-or-less never run out of funds (presuming a conservative, stable investment.
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https://www.quora.com/How-much-money-do-you-think-you-need-t...