I like the approach - To set up a goal and work toward to the goal!
1) To preserve the purchasing power - Make sure there is anti-inflation portion in your portfolio
2) To allocate the portfolio which can prctect yourself from financial storms - either in stock market or in real estate market
3) To minimize the tax effect; Identify your goal - To use all $$ by the last day or to save $$ to kids. Time and portfolio structure can make huge differnce on your final portfolio size due to tax effect.
我人穷志不短，我有三个退休目标
（1）初级目标。
目前的生活质量保持不变，也就是说，现在一年花五万，十万的，退休后也花这个数。
（2）中级目标。
生活质量保持不变，还能存点钱，能存目前存的30-50%
（3）高级目标。
收入不变。 现在工资收入拿多少，退休后收入也是那么多。
计划，1-2年达初级目标，5-7年达中级目标，10-15年达高级目标。
成功的可能性为70%。 愿上帝保佑。
当然我说的是传统的退休模式。
I like the approach - To set up a goal and work toward to the goal!
1) To preserve the purchasing power - Make sure there is anti-inflation portion in your portfolio
2) To allocate the portfolio which can prctect yourself from financial storms - either in stock market or in real estate market
3) To minimize the tax effect; Identify your goal - To use all $$ by the last day or to save $$ to kids. Time and portfolio structure can make huge differnce on your final portfolio size due to tax effect.
Happy Retirement!
1。五万和十万差了一倍；
2。小城五万，大城市十万都不够。
放心的退休了。不然等到老了再退还有啥意思嘛，走都走不动了，还谈什么享受生活。