nun
Thinks s/he gets paid by the post
- Joined
- Feb 17, 2006
- Messages
- 4,872
I was watching an NHPTV show on retirement yesterday and the "expert" they were interviewing
rolled out the old chestnut that,
"you probably need 25 to 30 times your current salary saved to retire."
why does this myth persist, surely 15 to 20 times your expenses is a better way to assess what you'll need.
rolled out the old chestnut that,
"you probably need 25 to 30 times your current salary saved to retire."
why does this myth persist, surely 15 to 20 times your expenses is a better way to assess what you'll need.