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The number I've heard is 20x your annual expenses. I don't think there are any meaningful sources to cite here, but I remember reading that from the Mr Money Mu
by NhanH 11y ago
The number I've heard is 20x your annual expenses. I don't think there are any meaningful sources to cite here, but I remember reading that from the Mr Money Mustache crowd.
- davty 11y agoThe number is actually 25. It is based on a withdrawal of 4 %: 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....