View Single Post
      06-28-2021, 03:08 PM   #65
XutvJet
Major General
5556
Rep
5,372
Posts

Drives: 2011 Cayman Base, 2016 M235
Join Date: Mar 2016
Location: Kansas City

iTrader: (-1)

Quote:
Originally Posted by 2000cs View Post
On the retirement planning question, I found this site to be pretty helpful: https://engaging-data.com/will-money-last-retire-early/ read the notes and play with the variables a bit.
Thank you so much for posting this. This was eye-opening. Since I fired my broker years ago and invest/manage everything myself now, I've been looking for a calculator to help me get a rough idea when I can retire. When I say "retire" it means that I have enough money to not have to work, but that doesn't mean I'm not working to some extent. My job is such that I can go 30 hours a week (75% of my salary, bonus, PTO, etc.) or 20 hours (no benefits, but a higher hourly rate since they aren't paying benefits).

After playing with the numbers, it looks like I can reduce my hours and/or retire much sooner than I thought while not greatly impacting our nest egg.
__________________
The forest was shrinking, but the Trees kept voting for the Axe, for the Axe was clever and convinced the Trees that because his handle was made of wood, he was one of them.
Appreciate 0