Re: How much would this person need to retire?
[ QUOTE ]
What would you spend 30K more a year on?
[/ QUOTE ]
We are not talking about me. I know I couldn't live on $30k a year and I also live in Canada.
I assumed that $30k a year was your current spending while working thus why I figured doubling it was a safe assumption since you'd have to fill up 50 extra hours a week which increases spending.
Now that you stated you want to travel 2-3 times a year I am 100% sure your estimate is too low.
|