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Author Topic: Personal Retirement Fund Calculator  (Read 3232 times)

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Online TwistedT

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Re: Personal Retirement Fund Calculator
« Reply #50 on: March 13, 2018, 05:44:53 AM »
Nice try, do you get a cut of whatever Doug manages to siphon out of my accounts with his malware?!?!


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Offline R Doug

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Re: Personal Retirement Fund Calculator
« Reply #51 on: March 13, 2018, 07:11:19 AM »


I admire your willingness to share this with the group. 


Thanks for the feedback.  The willingness to share is 100% selfish as I believe there are other XL nerds out there like me that would and could review this for accuracy.  After all, I'm basing major decisions from the outcome of this sheet.  It has to  be correct.

Also, just to make sure everyone is crystal clear, other than my age and the % contribution factor from my employer, all of the other numbers are 100% made up and do not reflect my actual condition.  I'm not that willing.  :)

Nice try, do you get a cut of whatever Doug manages to siphon out of my accounts with his malware?!?!

That comes later from the blackmail of loading cockroach porn on the PCs I gain access and charge a fee to remove it before I report them.
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Online TwistedT

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Re: Personal Retirement Fund Calculator
« Reply #52 on: March 13, 2018, 03:13:11 PM »


Nice try, do you get a cut of whatever Doug manages to siphon out of my accounts with his malware?!?!

That comes later from the blackmail of loading cockroach porn on the PCs I gain access and charge a fee to remove it before I report them.

Ooh, I forgot about that.  :leghump:
Why would I wait till I die to come alive?
I'm ready now
I'm not waiting for the afterlife

Online Black Hills

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Re: Personal Retirement Fund Calculator
« Reply #53 on: March 13, 2018, 03:59:56 PM »
better to burn out than to fade away then??

I'll let you know how it goes. Pretty bull headed though. If I'm still alive in 20 years I'll be the Walmart greeter that shakes your hand, says "fuck Walmart" and "did you notice my motorcycle outside the door?" 40 year old chicks will dig it!

I think we have similar plans.  ;D

Online bungie4

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Re: Personal Retirement Fund Calculator
« Reply #54 on: March 14, 2018, 07:04:12 AM »
It's a toss up.

My first choice is to have income from an ice cream cart on the beach. This will likely turn into a situation where it isn't as desirable in the real world as my imagination.

The second choice is I'll sell bundles of naturally sourced kindling by the highway. Bundled artisianally!

Anyway it plays out, I'll need to supplement my income and fuck if I'm gonna keep slinging code.

I offered my 15 year old free room and board well into adult hood on one condition,  she works and saves 70% of her income. I showed her how in about 15 years, she could be very close to a millionaire and be retired and travel the world.  Her answer?

Nothing, she was to busy snapGramming with her friends.
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Online sodapop6620

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Re: Personal Retirement Fund Calculator
« Reply #55 on: March 14, 2018, 07:07:36 AM »
^^^^^^ It will be fat sweaty kids and not superhot bikini models visiting the ice cream cart.

Offline minimac

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Re: Personal Retirement Fund Calculator
« Reply #56 on: March 14, 2018, 10:59:50 AM »
 Your numbers may be made up or not, but the one thing you can count on is that you can't count on anything. While a 7% return may be historical, it may mean nothing going forward. You could get whacked crossing the road tomorrow and end up a veggie.  No one plans on things like that, but it happens. And not necessarily to 'someone else'. It's good to have a plan, but don't do it at the expense of enjoyment today. You very well may not have a tomorrow. Being an old, retired guy, the best advice is to live within your means. The corporate world today is much different than it was even ten years ago. People don't get "forever jobs", so how sure are you of guaranteed income? The marketplace is constantly changing, so even you you're self employed, you can't count on anything.
 I was very lucky. I have a decent pension, I'm comfortable with my meager investments and savings, and that's supplemented with my S.S. retirement. I'm still in good health, and so is my wife. I was able to retire  years before being eligible for S.S. and maintain my lifestyle. I could have continued to work, and wait, but  we decided to go as early as I could while we could both enjoy it, because a long healthy life is not a promise to anyone.
old enough to know better

Online kneescrubber

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Re: Personal Retirement Fund Calculator
« Reply #57 on: March 14, 2018, 11:43:16 AM »
better to burn out than to fade away then??

I'll let you know how it goes. Pretty bull headed though. If I'm still alive in 20 years I'll be the Walmart greeter that shakes your hand, says "fuck Walmart" and "did you notice my motorcycle outside the door?" 40 year old chicks will dig it!

I think we have similar plans.  ;D

 :beerchug:
Do not go where the path may lead, go instead where there is no path and leave a trail.

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Online Black Hills

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Re: Personal Retirement Fund Calculator
« Reply #58 on: March 14, 2018, 12:45:37 PM »
another thing to consider: when your finally end up in a nursing home who are the nurses going to want to talk to more, the guy with a million cool stories or the guy that has a big bank book and nothing more ;)

Online radon222

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Re: Personal Retirement Fund Calculator
« Reply #59 on: March 14, 2018, 01:04:03 PM »
another thing to consider: when your finally end up in a nursing home who are the nurses going to want to talk to more, the guy with a million cool stories or the guy that has a big bank book and nothing more ;)

Well I guess that all depends.....

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Offline R Doug

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Re: Personal Retirement Fund Calculator
« Reply #60 on: March 14, 2018, 01:15:05 PM »
another thing to consider: when your finally end up in a nursing home who are the nurses going to want to talk to more, the guy with a million cool stories or the guy that has a big bank book and nothing more ;)

Great point and I share your philosophy on this.  For me, I want to save enough to continue a travel lifestyle at retirement but not an asset acquisition lifestyle.  There may be one new bike at/before retirement and one later.  Give me a nice small place in the mountains, a little reliable Subaru, and money to travel. 

Sheri and I do not have any kids.  We're not looking to leave anything behind.  :)

As for the cash flow now, I'm enjoying it as long as I am doing these two things FIRST:

1  giving to church and charities (this a core fundamental belief Biblically and for my libertarian philosophies). 
2  saving an adequate amount to meet realistic* goals at retirement


*  To minimac's point, we can all plan using basic assumptions.  But, the only thing that is for certain is we cannot predict the future (health, economy, eco disaster, war, etc...).


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Offline CLAY

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Re: Personal Retirement Fund Calculator
« Reply #61 on: March 14, 2018, 08:50:38 PM »

Nice try, do you get a cut of whatever Doug manages to siphon out of my accounts with his malware?!?!

That comes later from the blackmail of loading cockroach porn on the PCs I gain access and charge a fee to remove it before I report them.

What is I want to keep the cockroach porn?  I'm becoming strangely attached...
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Offline naustin

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Re: Personal Retirement Fund Calculator
« Reply #62 on: March 15, 2018, 10:41:47 AM »
I haven’t looked at the spreadsheet - but it sounds consistent with the basic calculators available from many large investment providers.
« Last Edit: March 16, 2018, 07:21:23 PM by naustin »

Offline Bounce

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Re: Personal Retirement Fund Calculator
« Reply #63 on: March 16, 2018, 11:05:13 AM »
another thing to consider: when your finally end up in a nursing home who are the nurses going to want to talk to more, the guy with a million cool stories or the guy that has a big bank book and nothing more ;)

Or the guy with the big bank account that can afford a nursing home instead of burning through what little was saved and being out on the street in some state home?