ShiftF5 wrote:I like William Bernstein's reference (paraphrased) --
Expenses - Passive Income = RLE (Residual Living Expenses)
25 x RLE (Age 60)
20 x RLE (Age 65)
17 x RLE (Age 70)
= Financial Independence
ZERO DEBT w/ a Paid Off Home & Car Set the Stage for Low Expenses.
allna wrote:I'm mostly a lurker/newbie around here, but it seems silly to pretend that there's not something happening in the markets when there obviously is.
boroc7 wrote:So MMM, you must really be having a good laugh reading this thread.