Comments on: 7 Quick Numbers To Fix Your Personal Financial Situation

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Sat, 05 Sep 2009 12:24:10 +0000

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By: Simple Financial Weekend Roundup | Simplified Financial Lifestyle

Simple Financial Weekend Roundup | Simplified Financial Lifestyle — Fri, 04 Sep 2009 12:40:59 +0000

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By: DDFD at DivorcedDadFrugalDad.com

DDFD at DivorcedDadFrugalDad.com — Tue, 01 Sep 2009 15:28:05 +0000

Nice post– a good refresher for some, an eye openner for others . . .

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Mon, 31 Aug 2009 11:03:23 +0000

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By: Good Financial Reading This Week » JoeTaxpayer

Good Financial Reading This Week » JoeTaxpayer — Sun, 30 Aug 2009 12:04:08 +0000

[...] at Gather Little by Little posted 7 Quick Numbers To Fix Your Personal Financial Situation a list of 7 rules of thumb regarding your finances. They included my favorite, the Rule of 72, as [...]

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Intelligent Speculator | Financing Ramblings — Sat, 29 Aug 2009 19:09:33 +0000

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By: Saturday Staples: Personal Finance Reading : Yielding Wealth - Personal Finance Tips – Money Management Advice

Sat, 29 Aug 2009 14:46:15 +0000

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By: What’s Sizzling? – August 28th Edition

What’s Sizzling? – August 28th Edition — Sat, 29 Aug 2009 14:10:25 +0000

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By: Mike

Mike — Fri, 28 Aug 2009 02:03:50 +0000

Joe,
Congrats on getting a well balanced budget!

However, you should also consider that you will get bored if you don’t do anything at retirement. Hence, traveling, eating out, hobbies or possibly doing major renovation will probably take 20% of your existing expenses. This is why we suggest 70% of your current gross income.

As a financial planner, I did plan with 50% to 125% of current income of my client depending on the lifestyle the wish to have (and their assets ).