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https://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/ https://www.mrmoneymustache.com/2012/01/13/the-shockingly-si...
by bloaf 8y ago
https://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/ https://www.mrmoneymustache.com/2012/01/13/the-shockingly-si...
Savings rate is basically the only number that matters in determining how long until you can comfortably retire. A 10% savings rate puts you on track to retire in ~50 years, starting from zero and given some conservative assumptions.
- chubs 8y agoWow, 10% really doesn't get you very far, does it! Well, maybe people should aim higher. In my case, i'm less worried about retiring early, and more interested in saving so my kids can more easily buy their first house.