3 ms·
How did you arrive at this number? Based on my calculations, it will take 50 years of saving 20% of take-home into an inflation-offsetting account to be able to
by baccheion 8y ago
How did you arrive at this number? Based on my calculations, it will take 50 years of saving 20% of take-home into an inflation-offsetting account to be able to retire. It's assumed a house is purchased separately. If the fabled 8% YoY over and above inflation isn't available at retirement, the final amount lasts about ~20 years.