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$10k = $1/day, $100k = $10/day

Posted: Sat Jun 09, 2018 1:17 pm
by JamesR
Another rule of thumb for those that like thumbs.

$10,000 in savings is $1/day forever
$100,000 in savings is $10/day forever
$1,000,000 in savings is $100/day forever

Works out to 3.65% SWR

Re: $10k = $1/day, $100k = $10/day

Posted: Sat Jun 09, 2018 4:34 pm
by C40
hmmm.. how much do I spend in a day, anyways?

Last year it was,... ummmm, $33

($12,219 for the year)