Requirements for you to retire

What are your resource goals for retirement? Do you have an amount in cash, savings or securities that you are shooting for? Or is it an income level that is driving your goals? Or perhaps both? Will you ever retire completely? Or do you plan on continuing to work in some degree?

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BizSuitStacy · M

I go by the 4% rule. Calculate 4% of your net worth. If that number, plus any additional income (social security, etc.) represents a comfortable annual income, then you can retire.

carpediem · M

@BizSuitStacy Are you retired yet?

BizSuitStacy · M

@carpediem yep...back in 2020

carpediem · M

@BizSuitStacy Congrats. I can easily retire, but I don't want to. I still enjoy working my businesses. Looking for second home now.

BizSuitStacy · M

@carpediem That's great!

carpediem · M

@BizSuitStacy Also looking a woman to live it with me...lol