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A place for Get Rich Slowly readers to ask questions
and exchange ideas
It is currently Fri Apr 18, 2014 12:28 pm




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 Post subject: When is it time?
PostPosted: Wed Feb 27, 2013 5:39 pm 

Joined: Sat Dec 10, 2011 7:25 am
Posts: 517
You've played by the rules - saved, invested, worked hard and you're there. No mortgage, car loans or any kind of debt. You know how much the pile grows each month and it's nothing to sneeze at.

How do you know when it's time to call it a day? And retire?


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 Post subject: Re: When is it time?
PostPosted: Sun Jan 26, 2014 1:46 pm 

Joined: Sun Jan 26, 2014 11:49 am
Posts: 33
You simply do the math.

How much do you have? How much do you need to take out every year? What rate is the "pile" earning?

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Drew


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