8 ms·
Save 25X your annual spending and you can retire. If you invest to earn 7%/yr (on avg), you can withdraw 4% forever. Read the book The Simple Path to Wealth, o
by baccredited 7y ago
Save 25X your annual spending and you can retire. If you invest to earn 7%/yr (on avg), you can withdraw 4% forever.
Read the book The Simple Path to Wealth, or the basics in this blog post.
http://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/ http://www.mrmoneymustache.com/2012/01/13/the-shockingly-sim...