Showing posts with the label net worth

3 Things to know for the Early Retirement Formula

3 Things to know for the Early Retirement Formula   Nowadays the word, "Trending" is becoming a trend today. In a similar fashion, 'Retire Early' is a word to get excited most of the young today. Obviously everyone in the modern life wants to live their way or like an Independent. For the early retirement, one needs a reason and stick with their personal life. The reason may become an Entrepreneur or Live as Life;Live as like. But, the numbers are different on age to the retirement determination. Generally, Retirement planning describes itself and based on some common factors to decide. The Factors are, Current Age Expecting Retirement Age Annual Income Monthly / Yearly expenses Current Savings and Investing Expected ROI (Return on Investment) Inflation Even for the early retirement one should be aware about the financial numbers they had, called Financial Assets like Cash Flow and the inflation depending upon the age of retire early. Professor, D

Important Personal Finance Ratios

Important Personal Finance Ratios   The Personal Finance position of an individual predominantly indicates the ability to manage its current and future needs and expenses. The income of an individual may getting from a Job or Business or from the Created Assets to generate a passive income. Generally, Assets created by an individual are helpful to get an income and also for the Future Capital appreciation. Assets are also used to meet the future expenses of a person or his family, if the regular income from a job or business as insufficient. So, we need a sufficient income with a efficient way like protecting our regular income, asset protection needs, prepare for the unexpected expenses. Likewise, we are looking for the Insurance planning and Retirement planning to overcome the unexpected ones. There are so many financial ratios for the personal finance, but we are here to form some of the most important financial ratios. Savings Ratio:   The Savings Ratio is a personal financial rati