watch now

Author Topic: If you're in your 40s & have 70M pesos in savings, will you retire?  (Read 1847 times)

vanity fair

  • Guest
If you're in your 40s & have 70M pesos in savings, will you retire?

How ill you live your life?

la_pinay

  • Guest
Re: If you're in your 40s & have 70M pesos in savings, will you retire?
« Reply #1 on: July 08, 2019, 10:02:04 am »
yes, I will invest them in assets that'll earn passive income and portfolio income. (real estate and stocks). it's my dream to retire early and just manage my investments.

sdjulian

  • Guest
Re: If you're in your 40s & have 70M pesos in savings, will you retire?
« Reply #2 on: July 09, 2019, 04:15:58 pm »
Hi sis!

Given that situation, your capacity to retire will be based on your lifestyle.

Based on a study, investing your 70M (nest egg) in equities earning an average of 8% per annum, you can safely withdraw 4% per year for eternity.

If you can live of 233,333.33 pesos per month, you can safely retire, do anything you want to do and enjoy life!

 

Latest Stories

Load More Stories
Close