If you are one of the NFL players whose career lasted long enough to qualify for NFL pension benefits you will need to decide when to begin drawing your pension. Although the NFL retirement plan defines normal retirement age as 55 years old, many players begin drawing their pensions early.
The standard industry recommendation for mortgage payments is that no more than 28 percent of your gross income should go to your monthly payments. To calculate this, simply multiply your annual, gross income by .28 and divide by 12.
Itâs worth noting that the 30 percent rule of thumb can also be applied to households in rental housing units â and as a group, they fare even worse than those with mortgage bills to pay. 52 percent of households that pay rent have monthly housing costs that are more than 30 percent of their income.Thereâs one other piece of data that can help us build up a clearer picture of American homeowners. The American Community Survey also has tracks the age of the main householder in owner-occupied homes.2 percent of households that pay rent have monthly housing costs that are more than 30 percent of their income. Thereâs one other piece of data that can help us build up a clearer picture of American homeowners. The American Community Survey also has tracks the age of the main householder in owner-occupied homes.