mcgirl04
Jan 6, 2007, 04:35 AM
My husband and I are in our early 30’s and we want to retire in 12 years. Here’s the assumption I came up with exclusive of foreign exchange rates.
Education expenses – 20% annual increase
Cost of living – 6% annual increase
Current investments – 10% annual yield
If we can beat the assumptions above, we can live comfortably into our 80’s, be able to send our son to a good school (preferably Ateneo), and not have to work.
Do you guys think the assumptions are conservative enough?
Education expenses – 20% annual increase
Cost of living – 6% annual increase
Current investments – 10% annual yield
If we can beat the assumptions above, we can live comfortably into our 80’s, be able to send our son to a good school (preferably Ateneo), and not have to work.
Do you guys think the assumptions are conservative enough?