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How much money should you have saved in order to feel comfo

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Money Talk > Thrift Savings Plan

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Sanderson
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I want to say this people mostly use many type of facility to secure life,It depends on the owner how much money they wants to save in any account or fund but should do in proper manner according to rules.

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Post Thu Dec 15, 2011 11:37 am
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ninasen
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quote:
Originally posted by soybean
quote:
Originally posted by rgordon82
I think that the amount I want in my savings account is the amount of our mortgage, car & 20 years living expenses. ^^
Umm ... yeah ... sure. Shocked Rolling Eyes


too difficult for common perple.

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Post Tue Apr 10, 2012 2:22 am
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Pro48
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you're net worth should be (Annual Salary x age divided by 10)

Sample
41 Yr old, 40,000 annual salary = 1,640,000 divided by 10 = $164,000.00

emergency fund should be the total amount needed for monthly expenses x 4, 6, or 8 months. Time is determined by how stable you income is!

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Post Thu May 10, 2012 2:59 pm
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