| Comment | It depends on a lot of things - number of dependents, are you talking about sole or joint incomes etc
But generally the older you get the higher a desired income is, because the greater proportion you're saving and putting away for retirement
My rule of thumb has always been to try and earn at least my age in £k, which has worked pretty well in matching my expectations of financial comfort at different ages - £40k would have been an unimaginable sum when I was 20, but now I'm in my 40s it's the baseline of what I need to service mortgage/pension/bills and being able to do fun stuff while my knees still work |
|---|