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I'm really confused when some say living on 80 % of your prereitement needs. Are they talking about gross or net.
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I'd say they're referring to your expenses. So if you currently live on $50,000/year, the theory is you can get by on $40,000/year in retirement. I'm not sure I agree but that's the idea.Originally posted by YISave View PostSteve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going. -
It's got to be net since it could becoming from untaxable sources.Comment
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