Best answer

That entirely depends on what you want the rest of your life to look like.

For most people wanting the average life into their retirement, they likely need at least $1.2 million, getting 5% interest each year, which would produce $60,000 a year to live on..

Answered by: Arnon De Paula Date created: May 15, 2022

How much money do you need for help to buy?

Asked By: Gazihan Alankus Date created: Apr 28, 2022

Help to Buy: Equity loans You need at least 5% of the sale price of your new-build flat or house as a deposit.

The government lends you up to 20%, or 40% if you live in London, of the sale price.

You borrow the rest (up to 75%, or 55% if you live in London) from a mortgage lender, on a repayment basis..

Answered By: Gaël Marziou Date created: Apr 30, 2022

How much money do you need to start a life in Australia?

Asked By: Faiizii Awan Date created: May 10, 2022

Single applicants expect to budget money at around $7,000 AUD to $10,000 AUD. It does all depend though on your individual lifestyle requirements.

Answered By: Karol Zlot Date created: May 11, 2022

How much money do you need to live comfortably for the rest of your life UK?

Asked By: George Mauer Date created: Apr 27, 2022

A single person will need about £10,200 a year to achieve the minimum living standard, £20,200 a year for moderate, and £33,000 a year for a comfortable lifestyle. For couples, it is £15,700, £29,100 and £47,500 respectively.

Answered By: Ray Date created: Apr 29, 2022

How much money do you need to stop working for the rest of your life?

Asked By: jamesmhaley Date created: May 03, 2022

The proper use of this rule of thumb is to get a ballpark figure, not an exact number.) Let's say you figured out that the minimum annual spending that would allow you to live a happy life was $40,000. Using the 25 times rule, you would need at least $1 million.

Answered By: Kyle Date created: May 05, 2022

How much money do you need your whole life?

Asked By: konrad.kruczynski Date created: May 09, 2022

Its boosters generally say that 25X your expected annual expenses is enough. So if $50,000 a year is enough for you to live comfortably, you need to save $1.25 million. There are other more elaborate calculators that can give you a sense of what financial independence means for you.

Answered By: Vivek Kumar Date created: May 11, 2022

How much spending money do I need for Thailand?

Asked By: Antonio Date created: May 04, 2022

Most people recommend that whatever you are spending per night on your accommodation, you should allow the same amount per day for expenses. If your way of life is quite frugal and you are staying in places for 600 baht per night then you could live off another 600 baht per da to pay for other expenses.

Answered By: tzot Date created: May 07, 2022

How much money do I need to move to Barcelona?

Asked By: Ynetter Date created: Apr 29, 2022

So, it depends on your income if it's affordable or not. Count on a very minimum of 700-800 €/month for your rent, plus about 300-400 the rest of necessarily things. Food in Spain is not expensive if you buy in cheap supermarkets and markets, and you can get first-quality local, seasonal products at reasonable prices.

Answered By: Shelly Pritchard Date created: May 02, 2022

How much money do you need for 4 days in Las Vegas?

Asked By: Andrea Olivato Date created: May 07, 2022

We go to Vegas a lot, usually for 4-5 days. We usually budget $500 a day. We always do whatever we want ( no gambling) and seem to always have enough money. I always take the money I have budgeted for the day along with a credit card (just in case) and put the rest of the money in the safe.

Answered By: barny Date created: May 07, 2022

How much money do you need to live comfortably in Nigeria?

Asked By: Guillaume Roux Date created: May 09, 2022

If you're traveling to Nigeria, around 500$ should cover your basic monthly expenses (food, social life, a bit of shopping and other expenses) even with the recession that is in effect right now.

Answered By: Clifford Date created: May 11, 2022

How much money do you need to retire comfortably in South Africa?

Asked By: Nicolas Raoul Date created: Apr 30, 2022

If you can live comfortably on R10,000 a month, then R2 million is enough for a decent retirement; but if you need R50,000 a month, then even R5 million will be too little. Having 'enough' means you can maintain the standard of living you are used to for the rest of your life.

Answered By: Samathingamajig Date created: Apr 30, 2022

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