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

Favorite quotations, etc.
Post Reply
JamesR
Posts: 859
Joined: Sun Apr 21, 2013 9:08 pm

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

Post by JamesR » Sat Jun 09, 2018 1:17 pm

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

User avatar
C40
Posts: 2022
Joined: Thu Feb 17, 2011 4:30 am
Location: Western U.S.
Contact:

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

Post by C40 » Sat Jun 09, 2018 4:34 pm

hmmm.. how much do I spend in a day, anyways?

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

($12,219 for the year)

Post Reply