In today's milestones, Fidelity's retirement planning tool now projects I will run out of money at the age of 94 in a significantly down market if I retire in 3 years.
It's getting close to the end game, guys!
FIRE is a lifestyle movement with the goal of gaining financial independence and retiring early.
Flow Charts:
Personal Income Spending Flow Chart (US)
Personal Income Spending Flow Chart (Canada)
Personal Income Spending Flow Chart (Australia)
Personal Finance Flow Chart (Ireland)
Useful Links:
Mr. Money Moustache - a frugal lifestyle blog
Related Communities:
/c/PersonalFinance@lemmy.world
/c/PersonalFinanceCanada@lemmy.ca
In today's milestones, Fidelity's retirement planning tool now projects I will run out of money at the age of 94 in a significantly down market if I retire in 3 years.
It's getting close to the end game, guys!
Nice! Inspired me to pop up my planner.
The empower (née personal capital) planner shows us running out somewhere around 115 in tenth percentile market performance, at least with current social security estimates.
If I zero out social security it’s around 85.