2 ms·

Curious where you got the 30% from out of that? Where does the extra 10% come from on top of the "Save 20%" bit?

• taneq 8y ago
  If you're saving 20% of your earnings, then that's 25% of the remaining 80% (which is assumed to be expenses). I estimated another 5% for the miscellaneous other stuff like buying shares, maxing 401(k), paying financial advisers etc. If all of that was meant to come out of the original "save 20%" then call it 25% (of expenses) rather than 30%.
  • war1025 8y ago
    Ah. You're just flipping around what the percentages are based off. Makes sense I suppose. Neat.