Technically I'm there at age 54, perhaps even Fi but we're in the process of moving and it's that darn health insurance. We'll see how things shake out in the next couple of years.
I typed your examples in the calculator (retirement at 65 with no further contributions) at 7% and didn’t get anywhere near $1.7m. What am I doing wrong?
Also, the calculators all gave me different numbers, because they weight things differently! I think of them as a guideline, to help you shape your overall plan.
Thanks for watching! I always tell myself "I'll use the information I have now to make different decisions moving forward", instead of feeling bad about not knowing things earlier.
You give me hope that this is possible for normal people like me. I’m working towards this. Let’s do it! 🙌🏽💡
Let's do it!
Thanks for the calculator and that is a great calculator.
Technically I'm there at age 54, perhaps even Fi but we're in the process of moving and it's that darn health insurance. We'll see how things shake out in the next couple of years.
health insurance is the wild card in the US for sure
Hi! You mentioned a few calculators. Do you mind sharing the links for the ones you use? Thanks!
oh gosh yes, let me put in the description now!
I typed your examples in the calculator (retirement at 65 with no further contributions) at 7% and didn’t get anywhere near $1.7m. What am I doing wrong?
(Specifically, used the Vanguard calculator you have linked)
it probably has to do with the starting point and ages, as well as expected "other income" you're using in the calculations. @@nchandir
Also, the calculators all gave me different numbers, because they weight things differently! I think of them as a guideline, to help you shape your overall plan.
Such good info! I too, wish I had thought about all this sooner 🥲
Thanks for watching! I always tell myself "I'll use the information I have now to make different decisions moving forward", instead of feeling bad about not knowing things earlier.