Dave Ramsey’s Pinnacle Point

In Dave’s book, Total Money Makeover, he talks about reaching the Pinnacle Point in Chapter 12.  This is the point where your money makes more than you do.

The formula for calculating the Pinnacle Point is simple. Multiply the amount in your nest egg by 8% (that’s .08).  If that is more than you make in a year,  you’re golden.

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