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To: Mary Kay who wrote (3629)	7/17/2000 5:55:17 PM
From: schlep	Read Replies (1) \| Respond to of 3818

Mary Kay - I like your goals, for us Married folks, here is a twist on enough... My definition of "enough" is if half of my net worth invested for a safe 6% return will equal my wife's and my total gross annual salaries, with the other half of the net worth invested for high risk, high gain. -schlep

To: Mary Kay who wrote (3629)	7/17/2000 7:32:06 PM
From: SJS	Respond to of 3818

Sounds good. Here's another one. OT: I asked a close friend who'se an accountant to tell me what he advised some of his clients with appreciable assets. One idea he threw at me was that at about 45 years of age (+ or - 5 years, or so), "enough" might be that you could retire if your net assets were about 2.5 million with real estate holding at no more than 15% of that, and your monthly run rate (gross montly expenses) was about 5-6K. He said you could certainly do it for less, and of course the variables includes how many kids and lifestyle expenses you have etc, but it's a starting point for his clients. DS was right, though, you'd need a spreadsheet to model the amount of safe income vs risk, taxable vs IRA, etc. Steve