Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
If you had a serious life issue right now and needed $100k to cover the cost, would you be able to do so? Do own a home for your retirement years? Can you afford to go on a retirement trip? How is that playing out for you?
I sincerely believe that the retirement study posted at John Greaney’s web site lacks an adjustment for the valuation level that applies on the day the retirement begins, Anonymous. I had become friends with a number of the people who posted at the Motley Fool board during the three years before I worked up the courage to point out the error in the study.
That’s where I’m coming from re this thing.
My best wishes.
Rob


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