Funny - FIRE calculations for the 20 something

[theHundt]

One of my friends in his late 20s sent me this today and I just found it amusing. His 401k plan is handled by fidelity. It's obvious that their calculator is not made to handle us young 'uns very well

the fidelity benefits calculator said that when i retire there's a 95% chance i will have an anual income of 50k-900k

I don't blame the calculator too much. There are so many variables to take into account. He set his retirement age at 65. I don't think anyone in their 20s already working toward retirement would seriously consider this to be their ideal retirement age, but when I questioned him on working that long he just said "what else am I going to do?"

 

[SunGuy]

I find this interesting theHundt, as a 20 year old college student who is very interested in financial related matters, retirement being a major focus.

I too have come across a lack of focus around my age and near me in age(18-30), where time is defiantly on my(our) hand.

What I would really like is a very comprehensive means of calculating various factors and permutations relating towards all forms of saving related means for retirement.