Comments on: What the Quality of Life Index means to you … http://7million7years.com/2008/05/30/what-the-quality-of-life-index-means-to-you/ How to make 7 million in 7 years ... Sat, 11 Feb 2012 22:32:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: AJC http://7million7years.com/2008/05/30/what-the-quality-of-life-index-means-to-you/comment-page-1/#comment-1193 AJC Sat, 31 May 2008 13:33:42 +0000 http://7million7years.wordpress.com/?p=174#comment-1193 @ B/Cheese - ... and, your QLI (where the Denominator is your IDEAL annual spending requirement - adjusted for retirement i.e. double every 20 years), and where the Numerator is how much you EXPECT to have in PASSIVE income) when you stop working? @ B/Cheese – … and, your QLI (where the Denominator is your IDEAL annual spending requirement – adjusted for retirement i.e. double every 20 years), and where the Numerator is how much you EXPECT to have in PASSIVE income) when you stop working?

]]> By: Big Cheese http://7million7years.com/2008/05/30/what-the-quality-of-life-index-means-to-you/comment-page-1/#comment-1192 Big Cheese Sat, 31 May 2008 11:05:45 +0000 http://7million7years.wordpress.com/?p=174#comment-1192 Hi AJC, Interesting concept. My FFR is about 40 as well based on our very modest current spending levels. However if we have children the FFR will drop for sure also I'd be expecting costs to rise faster than a 3.5% inflation rate (doubling every 20 years). -BC Hi AJC,

Interesting concept. My FFR is about 40 as well based on our very modest current spending levels. However if we have children the FFR will drop for sure also I’d be expecting costs to rise faster than a 3.5% inflation rate (doubling every 20 years).

-BC

]]> By: Ryan http://7million7years.com/2008/05/30/what-the-quality-of-life-index-means-to-you/comment-page-1/#comment-1191 Ryan Fri, 30 May 2008 20:29:48 +0000 http://7million7years.wordpress.com/?p=174#comment-1191 I like the QLI and FFR concepts to compare wealth, but what number do you NEED to have before you can retire? The obvious answer would be that the number represents the number of years you think you have before money is no object (i.e. kick the bucket). But that doesn't take into account the major factors of inflation and interest rates. I like the QLI and FFR concepts to compare wealth, but what number do you NEED to have before you can retire? The obvious answer would be that the number represents the number of years you think you have before money is no object (i.e. kick the bucket). But that doesn’t take into account the major factors of inflation and interest rates.

]]> By: Q http://7million7years.com/2008/05/30/what-the-quality-of-life-index-means-to-you/comment-page-1/#comment-1190 Q Fri, 30 May 2008 15:58:17 +0000 http://7million7years.wordpress.com/?p=174#comment-1190 I see no reason to artificially limit it to 150 pages :P I see no reason to artificially limit it to 150 pages :P

]]> By: AJC http://7million7years.com/2008/05/30/what-the-quality-of-life-index-means-to-you/comment-page-1/#comment-1189 AJC Fri, 30 May 2008 15:52:18 +0000 http://7million7years.wordpress.com/?p=174#comment-1189 @ Q / Imp - hmmm ... do you think that I can 'pad' this QLI concept out to a 150 page best-seller ;) @ Q / Imp – hmmm … do you think that I can ‘pad’ this QLI concept out to a 150 page best-seller ;)

]]> By: Q http://7million7years.com/2008/05/30/what-the-quality-of-life-index-means-to-you/comment-page-1/#comment-1188 Q Fri, 30 May 2008 15:27:39 +0000 http://7million7years.wordpress.com/?p=174#comment-1188 Thanks for clearing up The Impecunious Investor's question. I calculated the bottom number with my expenses. Thanks for clearing up The Impecunious Investor’s question. I calculated the bottom number with my expenses.

]]> By: AJC http://7million7years.com/2008/05/30/what-the-quality-of-life-index-means-to-you/comment-page-1/#comment-1187 AJC Fri, 30 May 2008 14:35:36 +0000 http://7million7years.wordpress.com/?p=174#comment-1187 @ Imp - "what you need to spend to live [YOUR] ideal lifestyle" :) @ Imp – “what you need to spend to live [YOUR] ideal lifestyle” :)

]]> By: The Impecunious Investor http://7million7years.com/2008/05/30/what-the-quality-of-life-index-means-to-you/comment-page-1/#comment-1186 The Impecunious Investor Fri, 30 May 2008 14:22:47 +0000 http://7million7years.wordpress.com/?p=174#comment-1186 Hi AJC - love the blog first of all. But I'm admittedly a tad confused with the QLI. By "required" do you mean expenses or what you need to spend to live an ideal lifestyle? Hi AJC – love the blog first of all.

But I’m admittedly a tad confused with the QLI. By “required” do you mean expenses or what you need to spend to live an ideal lifestyle?

]]> By: AJC http://7million7years.com/2008/05/30/what-the-quality-of-life-index-means-to-you/comment-page-1/#comment-1185 AJC Fri, 30 May 2008 14:02:58 +0000 http://7million7years.wordpress.com/?p=174#comment-1185 @ Q - Nice. If you make a good profit, then your FFR will go up ... see how these ratios work in tandem? @ Q – Nice. If you make a good profit, then your FFR will go up … see how these ratios work in tandem?

]]> By: Q http://7million7years.com/2008/05/30/what-the-quality-of-life-index-means-to-you/comment-page-1/#comment-1184 Q Fri, 30 May 2008 13:52:11 +0000 http://7million7years.wordpress.com/?p=174#comment-1184 The only Aston Martin I'll ever own will be for a short period of time. Just long enough to put the missiles behind the headlights, then resell it. ;P The only Aston Martin I’ll ever own will be for a short period of time. Just long enough to put the missiles behind the headlights, then resell it. ;P

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