3 ms·
At 33x annual spending you can retire today. That is already passed the 4% withdrawal rate (can take out 4% every year and never decrease the principle), which
by zild3d 10y ago
At 33x annual spending you can retire today.
That is already passed the 4% withdrawal rate (can take out 4% every year and never decrease the principle), which is 25x annual spending in savings/investments.
http://www.mrmoneymustache.com/2012/05/29/how-much-do-i-need-for-retirement/ http://www.mrmoneymustache.com/2012/05/29/how-much-do-i-need...
- icedchai 10y agoI am aware, but am overly conservative. I just turned 40 so have a few good working years left at least.