[quote=LarryTheRenter]A sole proprieter would have to have a 2 million dollar retirement fund which yields 6% per year which would get you the $10,000 per month..

So obviuosly the fireman/woman didnt kick in this much him/herself…it is the taxpayers that are getting bled.[/quote]

A sole proprietor often has equity in the business that they can sell/cash out when they retire.

I’ve seen it happen a lot. Build a business – sell it, retire on the proceeds.