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re: Yes, another retirement thread - RE: How much you need to retire
Posted on 9/13/12 at 2:47 pm to GoCrazyAuburn
Posted on 9/13/12 at 2:47 pm to GoCrazyAuburn
I'm banking on closer 800% of my current salary per year.
That's a terrible rule of thumb.
That's a terrible rule of thumb.
2
Posted on 9/13/12 at 3:01 pm to TheHiddenFlask
Well it probably assumes minimal debt including home mortgage. You also get better deals at movie theaters and bus fares. So it works out...
Posted on 9/13/12 at 8:00 pm to TheHiddenFlask
quote:
I'm banking on closer 800% of my current salary per year.
So if someone makes 200k per year now they'll need 1.6 million per year to maintain their lifestyle in retirement?
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