Your annual income needs divided by 0.04. Should be okay for 30 years.
The 4% “Rule” is a rule of thumb saying you can probably retire once your nest egg is equal to whatever your annual income is, divided by 4%.
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Your annual income needs divided by 0.04. Should be okay for 30 years.
The 4% “Rule” is a rule of thumb saying you can probably retire once your nest egg is equal to whatever your annual income is, divided by 4%.
0.04Annual Income=Nest Egg