Thread: What should a "typical" middle class couple "have" by age 40?
View Single Post
  #2 (permalink)  
Old 05-26-2008, 07:34 PM
maat55 maat55 is offline
$ Saving College Senior
  
Join Date: Jan 2008
Posts: 2,440
Points: 13106.00
Donate
Default
The Millionaire Next Door has a formula:

Multiply your annual income by your age and divide by 10.

If you make 50,000 at forty, 50,000 x 40 = 2,000,000.00 divided by 10 = 200,000 is what you should have.
Reply With Quote