Will you have enough to retire?

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purbeast0

No Lifer
Sep 13, 2001
53,664
6,547
126
i think i'm on pace right now to have like 5 mil in the bank if i keep up what i'm doing, and that's at my current salary, which should go up annually. hopefully i'll be okay by then!
 

JEDI

Lifer
Sep 25, 2001
29,391
2,738
126
RESULTS: SUMMARY

YOUR NEEDS
In retirement, you will need $0 a year in income. (Because of inflation, in 2035, that will be equivalent to $0.)
Part of that income will come from your Social Security and/or pensions. To produce the rest, you should build up your nest egg (including your 401k, IRA and other savings accounts) to $0 by the time you retire. (In 2035, that will be equivalent to $0).

YOUR CHANCES OF GETTING THERE
To save $0, your investments need to gain an average of 0% from now until retirement. We estimate that there is a 100.00% chance of this happening.


umm...
 

IronWing

No Lifer
Jul 20, 2001
73,101
34,399
136
RESULTS: SUMMARY

YOUR NEEDS
In retirement, you will need $0 a year in income. (Because of inflation, in 2035, that will be equivalent to $0.)
Part of that income will come from your Social Security and/or pensions. To produce the rest, you should build up your nest egg (including your 401k, IRA and other savings accounts) to $0 by the time you retire. (In 2035, that will be equivalent to $0).

YOUR CHANCES OF GETTING THERE
To save $0, your investments need to gain an average of 0% from now until retirement. We estimate that there is a 100.00% chance of this happening.


umm...
What did you enter? Do you have script/cookie blocking?
 

z1ggy

Lifer
May 17, 2008
10,010
66
91
Does this calc assume that you will atleast get a raise every year that exceeds the inflation rate by 1-2%?

Regardless..It says I'm going to be 600k short unless I work until age 70. Fack?
 

Juddog

Diamond Member
Dec 11, 2006
7,851
6
81
Does this calc assume that you will atleast get a raise every year that exceeds the inflation rate by 1-2%?

Regardless..It says I'm going to be 600k short. Fack?

Work another year or two and you'll be set.