

- Shockingly simple math retirement how to#
- Shockingly simple math retirement software#
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Shockingly simple math retirement software#
He pulled this off by living on a small percentage of his income as a software engineer, and diligently and consistently putting the rest in investments. Money Mustache and his then-wife retired at the age of 30 with a net worth of $600,000. When Merz was a college senior, she decided to pursue FIRE (financial independence/retire early), after stumbling across a post from blogger Mr. But that's what Gwen Merz was able to do after graduating college. So it's rare when someone is able to start seriously building their If you're lucky, you land your first "real job," move out of your parents' place, and start paying rent. When you're in your 20s, you're probably trying to figure out a lot of things - what kind of work you should pursue, what your purpose in life is, and where you want to live.
Shockingly simple math retirement how to#

More complications are probably going to confuse people, rather than make it clear for them. I also am ignoring the effect of taxes on investment income, since everyone’s taxes are different, and I didn’t want to complicate too much this simple truth. I assume a “real salary” that does merely keep up with inflation, and investment returns that are also “real” and therefore are after inflation.
Shockingly simple math retirement download#
You can download it, and play with your own assumptions. You can view the spreadsheet behind the calculations from this link. This chart shows how long it would take for the investment income to exceed the amount of savings, given the return, the dividend growth, dividend reinvestment and savings assumptions.
