61–65 of 65 posts
Who wants to “retire” and do nothing for the rest of your life? Just save a ton, buy whatever stuff truly makes you happy, and your savings give you flexibility. Like taking a year off between jobs, etc.
Unfortunately, these calculators usually only do work for US citizen. I‘m from Europe (or Germany rather) where there are a lot of different factors needed to take into account in order to get a realistic number (legal pension fund etc.)
Earlier quoted context omitted.
> There's a reason the S&P went up almost 30% this year - a lot of it was an adjustment for the boost in money supply. This is commonly repeated and feels like it doesn’t hold up to scrutiny. 2021 was the third time in a decade with ~30% returns. https://www.macrotrends.net/2324/sp-500-historical-chart-dat... Maybe it’s partly true but there’s no way that’s the whole explanation and if anything it’s probably just a b…
You seem to be implying that an increase in money supply has to be the only catalyst for outsized annual S&P returns, and I'm not following that logic.
These calculators never account for portfolio volatility.
If you haven't already, check out the "Projection method" drop down. If that isn't accounting for portfolio volatility, can you explain how it should do so?
Letting choose a beta on the historical cycles would help with these projections.
Planning is useful, but don’t make the mistake of single-mindedly focussing on FIRE. There’s more to work and life than financial independence.