or alza for family car...
what car can I afford
what car can I afford
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Feb 5 2024, 07:02 PM
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#1
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6,248 posts Joined: Jun 2006 |
save until got enough...pay cash for a myvi... or alza for family car... Wedchar2912 liked this post
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Feb 6 2024, 08:39 AM
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QUOTE(Wedchar2912 @ Feb 5 2024, 09:31 PM) very similar thought process as mine back when I was working... i would separate my funds into 4 buckets... not % nerworthJust to share. After retirement, I modified the soft rule to 3 to 5% of networth, as passive income replaces active income. 4% is a good standard for passive income from networth. But in reality, I don't think it will come near 2% also if i am to buy a new car today. comfy living + medical + contingency + discretionary discretionary will be for your holidays, cars, toys, etc... this way i can blow it all on a macan and world tour, etc... your limit to 4% means your kids can start their retirement right after you gg... hahaha Wedchar2912 liked this post
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Feb 6 2024, 08:40 AM
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