It's hard to have any idea of how much money is enough to finance an appropriate lifestyle in retirement. But if a lump sum is translated into a monthly income, it's much easier to determine whether you have enough put away to afford to stop working.
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"It's hard to have any idea of how much money is enough to finance an appropriate lifestyle in retirement. But if a lump sum is translated into a monthly income, it's much easier to determine whether you have enough put away to afford to stop working." — Richard Thaler #moneywealth
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It's hard to have any idea of how much money is enough to finance an appropriate lifestyle in…
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It's hard to have any idea of how much money is enough to finance an appropriate lifestyle in retirement. But if a lump sum is translated into a monthly income, it's much easier to determine whether you have enough put away to afford to stop working. — Richard Thaler
About Richard Thaler
Richard Thaler was a Economist from United States (1945–present).
Frequently Asked Questions
Who said "It's hard to have any idea of how much money is enough to finance an appropriat…"?
This quote is attributed to Richard Thaler, a Economist from United States.
When did Richard Thaler live?
Richard Thaler lived from 1945 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.