dna2: (Default)
Here’s another way to look at it: Making standard assumptions, for every $25 you have in retirement savings, you can afford $1 of spending per year. If you have $2,500 saved, you can fund $100 of annual spending. If you have $25,000, you can fund $1,000; $250,000 funds $10,000; $2,500,000 funds $100,000. And so on.

http://www.getrichslowly.org/blog/2014/05/08/coming-to-terms-retirement-vs-financial-independence/

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dna2

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