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This is very interesting to me. I've been working on a retirement calculator in my free time as a hobby project for a while [1], but it never really occurred to
by dnadler 5y ago
This is very interesting to me. I've been working on a retirement calculator in my free time as a hobby project for a while [1], but it never really occurred to me that there is real value in allowing people to do the 'what-if' analysis more easily. It seems obvious now...
Could you see yourself using something like this if there was an easy way to compare different scenarios?
[1] https://lunchmodel.com/lmrc/scenario https://lunchmodel.com/lmrc/scenario
- borski 5y agoYou'd make a lot of money with this, I think. A lot of people don't have financial advisors and also don't have any method (or knowledge) of how to model various scenarios; if you built this out I bet you'd have a nice little passive income tool. Would it make billions of dollars? Probably not. I'd use it and pay for it though, especially if it factored in historic market data, automatically figured out housing increase rates for my area, etc.
- dnadler 5y agoThanks for the encouragement, glad that you think it would be useful. I’ll keep plugging away at it!