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signupdamnit · 08-13-2014, 06:23 PM

I figure a good rule of thumb is to take what you need now and double it (inflation, COL increases etc) then figure how long you expect to live. I'm in my mid 30s. I'd say I could live on $2000 a month if I needed to. I expect to live about 40 more years. So

$2000 * 2 * 12 months * 40 years = $1,920,000
Round it up to $2 million for a little buffer just in case.

08-13-2014, 06:23 PM
signupdamnit Confirmed User Industry Role: Join Date: Aug 2007 Posts: 6,697	I figure a good rule of thumb is to take what you need now and double it (inflation, COL increases etc) then figure how long you expect to live. I'm in my mid 30s. I'd say I could live on $2000 a month if I needed to. I expect to live about 40 more years. So $2000 * 2 * 12 months * 40 years = $1,920,000 Round it up to $2 million for a little buffer just in case. __________________ You don't like my posts? Put me on ignore or fuck right off. I'll say what I want.