Career and Income Advice
We are attaching a quiz for you to take called the "MASH Calculator," which offers a series of questions that help determine the average income you need for that lifestyle over 40 years, with U.S. averaged data!
Example of a Question:
How much do you intend to travel?
Almost never, but always in a car when I do! ($1,000 a year)
Twice a year, mostly to visit family and always domestically. ($2,000 a year)
Twice a year, possibly to Europe or Mexico but also domestically. ($5,000 a year)
Several times a year, to places like Bali, Shanghai and Cape Town. ($15,000 a year)
Example of a result:
$3,838,000 over a lifetime =
YOUR AVERAGE ANNUAL HOUSEHOLD INCOME WILL NEED TO BE:
$95,950
Everything's in Moderation!
Your lifetime spending falls within the range of that of the average American. But don't breathe a sigh of relief just yet! The average American is also more than $10,000 in debt and doesn't have enough saved for retirement. So, don't be average. Boost your earnings, cut your unnecessary costs and develop both short- and long-term savings plans. Then you'll be on a path to living comfortably within your means.