<< Back to all Blogs
Login or Create your own free blog
Home > Archive: November, 2016

Archive for November, 2016

I should make it... but just barely

November 3rd, 2016 at 10:10 am

Sooo, I ran into

Text is another retirement calculator and Link is http://financialmentor.com/calculator/best-retirement-calculator
another retirement calculator, but what's different about this one is that it does not believe the probabilistic modeling that most others calculators use. Instead, it uses actual retiree data to model.

Ok so just for fun, I decided to punch in some of my numbers, and according to this one, I should be able to make retirement... but just barely.

That's also with normal expenses that I spend now. If I really drive it down to say a life of Ramen noodles, then I could easily live through it with money to spare.

On the bright side, that's still better than before, where I thought even normal retirement would be impossible. At least it's saying it's actually possible. In any case, it's always nice to be reminded on the importance of saving for your future.