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If anyone wants an extremely simplified "when can I retire given x expenses and y income" calculator, I threw together one here: https://html.non.io/simple-reti
by jjcm 3y ago
If anyone wants an extremely simplified "when can I retire given x expenses and y income" calculator, I threw together one here: https://html.non.io/simple-retirement-calculator/ https://html.non.io/simple-retirement-calculator/
Screenshot with op's scenario: https://image.non.io/7865a80e-d1e7-4437-b983-9101ed023024.webp https://image.non.io/7865a80e-d1e7-4437-b983-9101ed023024.we... (assumes a 4% safe withdrawal rate, I suspect op is using 3%).
- cassianoleal 3y agoThanks! It looks like I can safely retire in `null` years! I'll put the champagne on ice.
- pstrateman 3y agoIt looks to be inflation adjusted, so null means never since your safe withdrawal rate will always be less than expenses.
- cassianoleal 3y agoYep, I got that - hence the "thanks!" :|
- codpiece 3y agoThanks for this, it's simple and extremely helpful.
- eurleif 3y agoSee also: https://www.firecalc.com/ https://www.firecalc.com/
- jjcm 3y agoThis one is immensely more powerful and should be used if you want anything more than a "neat, that's a nice ballpark to have" estimate like what you'd get from mine.
- lostmsu 3y ago> 1,830 monthly HOA fee
- jjcm 3y agoGood catch - missed that!