Even though we continue to generate passive income from many sources, we made these decisions in our 40’s, and had planned for far more than we thought we would ever need from all income sources. I can tell you, if you believe you will live into your 90’s, and want to live well, without concern or restriction, under all possible economic conditions, and not depending on government assistance, I feel it would be wise to overestimate your financial needs in “retirement,” early or otherwise, by a long shot.
