Sentences with phrase «annual living expenses x»

($ 55,000 of annual living expenses x 33.3).

If we use the FIRE community - preferred method of saving 25 times annual spending and plan to withdraw 4 % a year from the portfolio, then they'd only need approximately $ 1.4 million ($ 55,000 of annual living expenses x 25), in income - producing assets.

Not exact matches

Take 100 — current age and multiply by annual living expenses e.g. $ 500,000 debt + 50 years X $ 100,000 = $ 5 million term policy.