Thread: Money Investing megathread extravaganza
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Old 05-21-2021, 10:23 AM   #9559
lewdog lewdog is offline
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Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-1358100
Quote:
Originally Posted by -King- View Post
He said 65-70x annual expenses. You said 60x annual income. Those are two extremely different numbers...
Oh you’re right.

I’d adjust mine to 50x annual income.

Someone making gross $100k/year would likely need 5M (50x income) to retire in their early 40’s and have their money last 40-50 years. You’d still need to be generating money from investments and not trying to live large.
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