RetireAge50
Thinks s/he gets paid by the post
- Joined
- Aug 6, 2013
- Messages
- 1,660
Kinda interesting that the first 10 years of retirement takes more present dollars than the last 40.
Present Value Needed for 50 Year Retirement.
Future a Years:
First 10 $600,000
Next 10 $300,000
Next 10 $150,000
Next 10 $75,000
Next 10 $37,500
Total $1,162,500
Assumptions:
$60,000/year income
Portfolio Real Value Doubles Every 10 Years calculated as
72/(10% investment return -3% inflation)=About 10 years.
No pension, social security, etc
First 10 years get zero return.
Present Value Needed for 50 Year Retirement.
Future a Years:
First 10 $600,000
Next 10 $300,000
Next 10 $150,000
Next 10 $75,000
Next 10 $37,500
Total $1,162,500
Assumptions:
$60,000/year income
Portfolio Real Value Doubles Every 10 Years calculated as
72/(10% investment return -3% inflation)=About 10 years.
No pension, social security, etc
First 10 years get zero return.