3 ms·
A good savings goal is 25x your YEARLY spending. Then you can invest to make about 7%/yr, spend about 4%/yr, and the extra 3%/yr should cover inflation. This sh
by baccredited 9y ago
A good savings goal is 25x your YEARLY spending. Then you can invest to make about 7%/yr, spend about 4%/yr, and the extra 3%/yr should cover inflation. This should last 'forever' and you can work on whatever pleases you (or nothing).
http://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/ http://www.mrmoneymustache.com/2012/01/13/the-shockingly-sim...