News for hackers. Stuff that matters.

A comment on Ask HN: What was the best decision you made in your career?. Parent comment

Re:Ask HN: What was the best decision you made in your career? by tudorconstantin on Wednesday September 26, 2018 @01:33AM (#18073025)
I had 3 times the average national net salary, not GDP, which I guess should be even more. But that income wouldn't have allowed me to retire either. It would allow us (me, my wife and a child) to live a comfortable life though.

As a back of the envelope calculation, if you can live with 30% from the income, one should be able to retire in about 7 years.

[ Parent | on HN ]
Re:Ask HN: What was the best decision you made in your career? by momozaur on Friday September 28, 2018 @12:25PM (#18094642)
What is the formula to compute the 30%, how did you compute it? After you retired, how much (%) of your salary will you be able to spend monthly?
[ Parent | on HN ]
Re:Ask HN: What was the best decision you made in your career? by shRaj9fEc8Vith on Wednesday September 26, 2018 @05:16AM (#18074181)
ah i see.
[ Parent | on HN ]