Is Saving not Spending but Contributing
A few of the RE calculators ask "savings rate" or contribution to portfolio. So, I enter total spending $100K/year. I'd like to know I can spend that much and be 100% safe in spending that much. I'll kick it up to $110, $120 as market improves.
We really only spend $70K/year. Does that $30K count as savings or contribution to the portfolio. The thing is, that money that we don't spend will stay invested. And those investments are kicking off dividends and we are reinvesting them.
I feel like the calculations are more complex than a simple spend/income/portfolio amount to begin with.
Do you really spend what you enter as "spend amount?" Or just testing the waters?
"If you want to go fast, go alone. If you want to go far, go together.