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post #9 of Old 02-03-2010
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You need to allow for inflation. right now it's low but it's doubtful it will stay low for the next 10 years. So expect an average of at least 3% inflation over 10 years. If you expect to spend only $15,000 per year at today's prices, you'd need to get 8% on $300,000 to keep that going indefinately.
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