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Petruchio comments on Why is it rational to invest in retirement? I don't get it. - Less Wrong Discussion
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I concur with your sediment. I posted this on the munckin thread, but it bears repeating MMM Simple Math of Early Retirement. Going purely on your investments and saving(i.e. no government programs) you should be able to retire in 51 years if you save 10% of your income annually. However, if you save 20% of your income, it drops to 37 years.
MMM and Early Retirement Extreme advocate investing 50-75% of your income, if not more. This will let you retire between 7 and 17 years, leaving plenty of time to enjoy your retirement.