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24 sats \ 2 replies \ @kilianbuhn 25 Jan \ on: Notes from “Automatic Wealth” (Michael Masterson) BooksAndArticles
Having a personal net worth of 10 times the amount you need to live on is, by almost any definition, comfortable.
iirc the traditional view is 25x due to the "4% rule"
but it might be only 10x on a Bitcoin standard. Idk too early to say yet 🤷🏻‍♀️
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0 sats \ 0 replies \ @SpaceHodler 17h
I've heard about an 8% rule in the context of Bitcoin savings.
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0 sats \ 0 replies \ @cryotosensei OP 26 Jan
You are right. I think that 25x is for people who aim for FIRE. I plan to work until 65 (because of two young kids), so 10x is sufficient for me haha
It’s less intimidating, too!
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