Search found 10 matches

by shanebagel
Sat May 25, 2019 4:34 pm
Forum: Personal Investments
Topic: How to calculate exactly how much money you'll have by retirement?
Replies: 75
Views: 7790

Re: How to calculate exactly how much money you'll have by retirement?

Longinvest, I really appreciate your help on this matter. Thank you so much for the information it will definitely come in handy :beer
by shanebagel
Sun May 19, 2019 1:32 pm
Forum: Personal Investments
Topic: How to calculate exactly how much money you'll have by retirement?
Replies: 75
Views: 7790

Re: How to calculate exactly how much money you'll have by retirement?

"If I was to build a spreadsheet that automatically calculated your target savings amount, would you find this simpler?" Honestly yeah that would be fantastic if you could lol
by shanebagel
Sat May 18, 2019 4:35 pm
Forum: Personal Investments
Topic: How to calculate exactly how much money you'll have by retirement?
Replies: 75
Views: 7790

Re: How to calculate exactly how much money you'll have by retirement?

"Shanebagel, what do you think of this retirement savings plan, so far?" Lol I'm thinking this is way more complex than I originally thought. I currently save around 5-$600 every month so I'm almost at that figure you quoted
by shanebagel
Fri May 17, 2019 9:03 am
Forum: Personal Investments
Topic: How to calculate exactly how much money you'll have by retirement?
Replies: 75
Views: 7790

Re: How to calculate exactly how much money you'll have by retirement?

That explanation was very thorough thank you! Haha so essentially what you're saying is %20 invested from 22-65 would be sufficient? What would the dollar amount of that figure be?
by shanebagel
Thu May 16, 2019 9:18 am
Forum: Personal Investments
Topic: How to calculate exactly how much money you'll have by retirement?
Replies: 75
Views: 7790

Re: How to calculate exactly how much money you'll have by retirement?

I don't know if this helps, but I also plan to contribute %50 of my income to investing. I want to put half into mutual funds, and half into real estate.
by shanebagel
Thu May 16, 2019 9:06 am
Forum: Personal Investments
Topic: How to calculate exactly how much money you'll have by retirement?
Replies: 75
Views: 7790

Re: How to calculate exactly how much money you'll have by retirement?

Current age: 21
Current annual salary: 50,000, currently 16,000, but I am graduating from college in a year so I expect to make more money
Current Portfolio size: 30,000
2060 target retirement date fund, 90% stocks 10% bonds
Social security pensions unsure
by shanebagel
Tue May 14, 2019 2:19 pm
Forum: Personal Investments
Topic: How to calculate exactly how much money you'll have by retirement?
Replies: 75
Views: 7790

Re: How to calculate exactly how much money you'll have by retirement?

Thanks! Haha I totally feel that. Do you think that this is a good assumption I've made as far as actually calculating how much money is needed? How much do you contribute yearly if you don't mind me asking.
by shanebagel
Tue May 14, 2019 2:08 pm
Forum: Personal Investments
Topic: How to calculate exactly how much money you'll have by retirement?
Replies: 75
Views: 7790

How to calculate exactly how much money you'll have by retirement?

I invest in VTTSX which is a 2060 target retirement date fund through vanguard. What should I use as a percentage in my calculations? I have been using %7, as the market returns about %10 which adjusted for inflation is 3%? Thanks!
by shanebagel
Sun Feb 10, 2019 4:40 pm
Forum: Personal Investments
Topic: What is the easiest way to convert a target retirement account to a 3 fund blend?
Replies: 2
Views: 575

What is the easiest way to convert a target retirement account to a 3 fund blend?

Hi everyone! I currently have only a target retirement account in my Roth Ira. I am interested in doing a 3 or 4 fund blend instead, investing in the same funds that the target retirement account does. What is the easiest way to do this? Thanks! :beer