The Money Mustache Community

General Discussion => Welcome and General Discussion => Topic started by: newton86 on July 24, 2013, 11:42:23 AM

Title: Years til FI Calc
Post by: newton86 on July 24, 2013, 11:42:23 AM

I'm familiar with the math MMM came up with regarding your savings % and its correlation to year until FI. However, that assumption assumes that you are starting with 0 NW. Does anyone have a formula that calculates years until FI based on current savings % and $xx NW?

Title: Re: Years til FI Calc
Post by: matchewed on July 24, 2013, 11:53:50 AM

http://networthify.com/calculator/earlyretirement?income=50000&initialBalance=0&expenses=20000&annualPct=5&withdrawalRate=4

Title: Re: Years til FI Calc
Post by: oldtoyota on July 24, 2013, 12:01:45 PM

Another example of a question answered before. I wish forums made it easier to surface the most-wanted content.