Find Out How Much You Truly Need To Retire Today With 3 Easy Steps [First Dibs 188]
The Financial Coconut Podcast
How to Accumulate Faster Than Inflation
So let's say we assume you have $24,000 a year of annual spending as a retiree today. If a 4% investment return on your capital, you need an estimate of 600,000 capital. And that is the number to accumulate once you can get their life is great. So if you are not affected in any way by inflation, then you're going to accumulate faster than inflation. But eventually you have time. You have 30 years to accumulate that X capital that you want today to essentially live off.
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