In Your Money or Your Life, monthly investment incomes is calculated via the following formula:
(Capital x Current long-term interest rate) / 12 months = Monthly investment income
For simplicity, use 4% as the long-term interest rate.
In Your Money or Your Life, monthly investment incomes is calculated via the following formula:
(Capital x Current long-term interest rate) / 12 months = Monthly investment income
For simplicity, use 4% as the long-term interest rate.