Comments on: Early Retirement: How much money will you need? http://www.mydollarplan.com/early-retirement-how-much-money-will-you-need/ because money doesn't grow on trees Thu, 09 Feb 2012 14:28:55 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Llama Money http://www.mydollarplan.com/early-retirement-how-much-money-will-you-need/#comment-2525 Llama Money Thu, 17 Apr 2008 14:38:11 +0000 http://www.mydollarplan.com/2007/11/02/early-retirement-how-much-money-will-you-need/#comment-2525 Hey look at that. You just saved me a lot of time - I totally skipped over that link in your post. Thanks. Hey look at that. You just saved me a lot of time – I totally skipped over that link in your post. Thanks.

]]> By: Madison http://www.mydollarplan.com/early-retirement-how-much-money-will-you-need/#comment-2516 Madison Thu, 17 Apr 2008 02:18:30 +0000 http://www.mydollarplan.com/2007/11/02/early-retirement-how-much-money-will-you-need/#comment-2516 Llama Money: Very good point. Inflation will have quite an impact over 40 years. We're planning our retirement for much sooner so the impact won't be as big. Try out the spreadsheet from REHP. It has a built in cell for inflation where you can choose the percentage. Llama Money: Very good point. Inflation will have quite an impact over 40 years. We’re planning our retirement for much sooner so the impact won’t be as big. Try out the spreadsheet from REHP. It has a built in cell for inflation where you can choose the percentage.

]]> By: Llama Money http://www.mydollarplan.com/early-retirement-how-much-money-will-you-need/#comment-2513 Llama Money Wed, 16 Apr 2008 18:23:14 +0000 http://www.mydollarplan.com/2007/11/02/early-retirement-how-much-money-will-you-need/#comment-2513 It's very important to remember that $40k in 40 years ( I'm 25 so that's how far my retirement is ) will be worth very little. 3-4% inflation per year adds up in a HUGE way.... Withdrawing just $40k per year in the year 2048 will likely have you living in a box and eating ramen noodles every other tuesday. I'm still working on a big ol' fancy spreadsheet that takes inflation into account. It’s very important to remember that $40k in 40 years ( I’m 25 so that’s how far my retirement is ) will be worth very little. 3-4% inflation per year adds up in a HUGE way….

Withdrawing just $40k per year in the year 2048 will likely have you living in a box and eating ramen noodles every other tuesday. I’m still working on a big ol’ fancy spreadsheet that takes inflation into account.

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