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How Late Is Too Late To Get Started Investing?

Many Happy Returns

CHAPTER

How to Maximize Your Retirement Income

If you think you need 25,000 pounds a year to live, let's assume you've got paid off house. And then work out how much roughly you'd need to live the lifestyle you want. Subtract that 10,000 from what you'll need in terms of annual income from your investment. You often hear about the 4% rule - it might not be exact, but as a rough guide, it's probably in the right ballpark. It is doable if you're earning reasonable amount of money.

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