Rule of Thumb
Most experts recommend that you have 10 x’s your annual salary as a minimum. For those with kids and the desire to fund college and related expenses, 11 – 15 x’s your annual income is typically sufficient.
Most experts recommend that you have 10 x’s your annual salary as a minimum. For those with kids and the desire to fund college and related expenses, 11 – 15 x’s your annual income is typically sufficient.