OP,
There is a missing key item in your thinking:
If you are saving 200K per year, you would not need 10 millions to retire.
The amount that you need is dependent on your savings which affects your expense need.
Gross Income = annual savings/investment + annual expense + taxes
KlangFool
There is a missing key item in your thinking:
If you are saving 200K per year, you would not need 10 millions to retire.
The amount that you need is dependent on your savings which affects your expense need.
Gross Income = annual savings/investment + annual expense + taxes
KlangFool
Statistics: Posted by KlangFool — Mon Jan 27, 2025 9:26 pm — Replies 2 — Views 115