[quote=scaredyclassic]a million cash probably wouldnt feel all that secure. one good nursing home bill will probably clean you out. i guess you can get long term care insurance.
real financial security requires ability to put a bullet in ones head at the appropriate time on the downhill slide, assuming networth less than say 3 million or with adequate insurance.
Im pretty sure I could feel inssecurewith just 1 or 2 million in the bank. I think id probably worry a little less about money over 3.5 million. but then again, given my worrying tendencies that number would probably seem small once i got there. there is no number at which i can rest.
incidentally did you see this research asking the question, do smart people worry more?