View Single Post
  #20 (permalink)  
Old 05-28-2008, 11:14 AM
aida2003 aida2003 is offline
$ Saving HS Senior
 
Join Date: Jan 2008
Location: Charlotte, NC
Posts: 293
Points: 1585.00
Donate
Default

Quote:
Originally Posted by MonkeyMama View Post
I like David Marotta's advice on the subject:

http://www.savingadvice.com/blog/200...net-worth.html
I found this interesting, but I missed a little bit more of elaborate explanation about annual spending. Does he refer to 'this number' times your CURRENT spending? E.g. we invest in taxable accounts + save. It seems like a cash out as if spending. What about mortgage payments and childcare costs? Then there will be healthcare insurance costs once retired.

I like the concept though.
Reply With Quote