Comments on: Are You “Retirement Free?” Check Out This Calculator! https://eliteedgemoney.com/retirement-freedom-calculator/ Money | Minimalism | Mohawks Wed, 13 Feb 2019 21:37:34 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: J. Money https://eliteedgemoney.com/retirement-freedom-calculator/#comment-275036 Wed, 13 Feb 2019 21:37:34 +0000 https://staging.eliteedgemoney.com/?p=50818#comment-275036 In reply to Mainer.

It allows you to adjust the rate of return if you want to be more conservative :) But it’s all really a guestimate since no one knows for certain what the future will hold, even though you can probably come close to long-term averages (which is why everyone often quotes 7% or 8% for market gains).

]]> By: J. Money https://eliteedgemoney.com/retirement-freedom-calculator/#comment-275035 Wed, 13 Feb 2019 21:34:29 +0000 https://staging.eliteedgemoney.com/?p=50818#comment-275035 In reply to ZJ Thorne.

Glad you like!

]]> By: Mainer https://eliteedgemoney.com/retirement-freedom-calculator/#comment-274991 Wed, 13 Feb 2019 00:41:43 +0000 https://staging.eliteedgemoney.com/?p=50818#comment-274991 I’m late to this discussion, I know. The one problem I have with this calculator is it never factors down markets… While eventually the market does go up, downturns (regardless of the duration or depth) mean the investor still has to recoup that money before resuming an upward momentum again. That, in turn, increases the amount of time one needs to achieve FI. Yes, more contributions could be made, but that is not always possible — even when being very frugal. Thoughts?

]]> By: ZJ Thorne https://eliteedgemoney.com/retirement-freedom-calculator/#comment-253171 Sun, 07 May 2017 14:32:44 +0000 https://staging.eliteedgemoney.com/?p=50818#comment-253171 This is such a useful tool. Thanks for sharing it.

]]> By: Chris @ Keep Thrifty https://eliteedgemoney.com/retirement-freedom-calculator/#comment-251286 Tue, 14 Mar 2017 05:02:49 +0000 https://staging.eliteedgemoney.com/?p=50818#comment-251286 In reply to Maven Lin.

You’re welcome – congrats on already being there!

]]> By: Chris @ Keep Thrifty https://eliteedgemoney.com/retirement-freedom-calculator/#comment-251285 Tue, 14 Mar 2017 05:02:08 +0000 https://staging.eliteedgemoney.com/?p=50818#comment-251285 In reply to J. Money.

You get tons of credit in my book for getting the idea in front of this many eyeballs :)

Thanks again J$!

]]> By: Chris @ Keep Thrifty https://eliteedgemoney.com/retirement-freedom-calculator/#comment-251284 Tue, 14 Mar 2017 05:00:40 +0000 https://staging.eliteedgemoney.com/?p=50818#comment-251284 In reply to Mrs. BITA.

That’s awesome – I like those. I kinda figured I wasn’t the first one to come up with the concept but I wasn’t able to find anything on it out there. Cool validation to see others out there thinking the same way!

Thanks for sharing!

]]> By: J. Money https://eliteedgemoney.com/retirement-freedom-calculator/#comment-251248 Mon, 13 Mar 2017 13:39:07 +0000 https://staging.eliteedgemoney.com/?p=50818#comment-251248 In reply to Maven Lin.

Smart minds :)

]]> By: J. Money https://eliteedgemoney.com/retirement-freedom-calculator/#comment-251247 Mon, 13 Mar 2017 13:38:43 +0000 https://staging.eliteedgemoney.com/?p=50818#comment-251247 In reply to Franklin B.

Beautiful, man!! So glad you liked it!! If only I could take credit for coming up with the idea itself, haha… But hey, at least my eye on what is GOOD out there is on point :)

]]> By: J. Money https://eliteedgemoney.com/retirement-freedom-calculator/#comment-251246 Mon, 13 Mar 2017 13:37:05 +0000 https://staging.eliteedgemoney.com/?p=50818#comment-251246 In reply to Done by Forty.

YEAH! Let’s throw the biggest Blog Party ever and blow it all! :)

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