Quote:
Originally Posted by Pasta Little Brioni
I need 8.7 million then   |
And it's your income at retirement, which may be higher than now. But the earlier you save, the more power you get from exponential growth, so you can build up seemingly improbable amounts.
But again, 25x was giving me more income than I needed in my case, taking into account things like Social Security and tax savings. It's almost a ceiling, but it's a good goal