Take your current yearly salary, multiply it by however many years you expect to live after retirement + let’s say… 10% on top for inflation, + another 10 for medical expenses. Is that number above, or below, $10M? Retirement is fucking expensive and only going up in cost.
I’ve modeled it a bit more precisely considering actual expenditures as well as social security income, projected inflation and investment returns, etc. $5MM in my pocket right now should set me up just fine.
Take your current yearly salary, multiply it by however many years you expect to live after retirement + let’s say… 10% on top for inflation, + another 10 for medical expenses. Is that number above, or below, $10M? Retirement is fucking expensive and only going up in cost.
I’ve modeled it a bit more precisely considering actual expenditures as well as social security income, projected inflation and investment returns, etc. $5MM in my pocket right now should set me up just fine.
You keeping it in a mattress or what?
Hahahaha
Oh wait you think I actually have money? Let me laugh harder