Calculate the effect of compounding interestand inflation on buying power in "Today's money" over a given number of years. This wil help you eveluate your savings and investment plan. It will note the years from now when you could expect to retire with your current lifestyle. This will be when 3% your net worth is equal or more then your current net income after mortgage payment. Assuming this will be payed off by then, otherwise the remaining mortgage is also added to the net income the 3% needs to match. Note that this only applies when your yield is more then 3%!
-
Notifications
You must be signed in to change notification settings - Fork 0
Calculate the effect of compounding interest and inflation on buying power in "Today's money" over a given number of years. This will help you evaluate your savings and investment plan. It will note the years from now when you could expect to retire with your current lifestyle.
switchboy/CompondingInterestCalculator
This commit does not belong to any branch on this repository, and may belong to a fork outside of the repository.
Folders and files
| Name | Name | Last commit message | Last commit date | |
|---|---|---|---|---|
Repository files navigation
About
Calculate the effect of compounding interest and inflation on buying power in "Today's money" over a given number of years. This will help you evaluate your savings and investment plan. It will note the years from now when you could expect to retire with your current lifestyle.