Doc, You'll Need $4 Million

Physician'sMoney Digest

Key:

If you are an average reader who is lookingforward to retiring on a comfortableincome, you may be in for abig surprise. You're going to needmore than $4 million in retirementsavings. The assumptions are thatyou are 45 years old, have an averageannual household income of$200,000, will retire in 20 years andlive 20 years in retirement, will havean average annual investment returnof 10%, and will face an averageannual inflation of 3%. Visit www.interest.com/hugh/calc/retire.cgi torun your own personal numbers. Increase your savings and reduceyour living expenses.