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I had 3 times the average national net salary, not GDP, which I guess should be even more. But that income wouldn't have allowed me to retire either. It would a
by tudorconstantin 8y ago
I had 3 times the average national net salary, not GDP, which I guess should be even more. But that income wouldn't have allowed me to retire either. It would allow us (me, my wife and a child) to live a comfortable life though.
As a back of the envelope calculation, if you can live with 30% from the income, one should be able to retire in about 7 years.
- shRaj9fEc8Vith 8y agoah i see.
- momozaur 8y agoWhat is the formula to compute the 30%, how did you compute it? After you retired, how much (%) of your salary will you be able to spend monthly?