nun
Thinks s/he gets paid by the post
- Joined
- Feb 17, 2006
- Messages
- 4,872
I'm working towards ER. One thing that annoys me is the figure of 70 to 80% of your
salary that is often quoted as the income you need in retirement. I think this is
rediculously high as I don't expect to have a mortgage to pay in retirement and
I'll live on the same amount for other expenses as I do now, which is about $1500 per month. What % or amount do you live on?
salary that is often quoted as the income you need in retirement. I think this is
rediculously high as I don't expect to have a mortgage to pay in retirement and
I'll live on the same amount for other expenses as I do now, which is about $1500 per month. What % or amount do you live on?