brownmonster
Man of Great Wisdom
That's called the Rule of 72.
BM, just because you have money in your 401k doesn't mean you have to take it out? I plan on living off of my pension and holding off on SS and my 401k until I have to start receiving payments/withdrawing funds. Let the 401k sit and continue to grow.
It can still grow while you are withdrawing a monthly check. If you plan on the money lasting for 30 years you have time to stay somewhat aggressive. This is why I've never bought a bond fund. I'm thinking long term.