 Quote:
Originally Posted by jdw_fire
so, at 11k/mo plus the taxes you'd have to pay to clear that, the 4% rule says you will need at least $4.5 - $5 mil in retirement assets to FIRE. and some people think using 4% isnt safe enough. if you start working part time how much do you think you will be able to add to your retirement savings
|
That's why if I go part-time I estimate I will have to work quite a while-- I've already figured out my take home would be approx. 19K/month after taxes, and if we keep spending the way we do, I would be able to save 8K/month after expenses.
|