Free The Drones Personal Finance Blog

A personal finance blog dedicated to achieving financial freedom for those drones slaving away in jobs they hate.

« PreviousNext »

Figuring Out How Much You Need To Save Per Year

26 August 2006

The other day I did a brief analysis of how much a person at age 24 would need to save per year to get a nice nest egg come retirement. I mentioned that I did it using Excel. Well, if you’ve got Microsoft Excel yourself, I’ve made an easy to use spreadsheet that you can download here that will let you play around with the numbers like I did, figuring out how much you need to save every year for retirement. I assume a conservative 9% return on stocks – all you have to do is fill in the numbers in the yellow boxes to fit your personal financial situation. Then just look over to the year that fits when you’re planning on retiring, and it will show you roughly how much you should have saved up by then. It’s a valuable exercise, especially for people who are young and think they’re not going to have much money at retirement if they’re only putting away a few thousand dollars a year. Try different amounts, and you’ll see how compounding really works. You don’t have to know anything about Excel to use it – just replace the sample numbers with yours.
Discuss this on the Free the Drones Forums.

[ generic ogden viagra | viagra recipes | cialis compare levitra viagra | sildenafil citrate warnings | us discount viagra overnight delivery | keyword order viagra | poker viagra | who makes viagra | viagra directions | viagra message board | viagra generic | is viagra safe for women | viagra in mexico | viagra fast delivery | cialis vs levitra | canadain viagra india | viagra porn | soft gel viagra | online viagra gel to buy | viagra how much | 50 mg cialis dose | brand buy from name usa viagra | buy herbal viagra | viagra for teens | online generic cialis 100 mg | long term effects of viagra | best viagra alternative | where did viagra come from | cialis discount | viagra en gel | buying viagra | how much is cialis in canada | cialis vs levitra | what better viagra or cialis | gel tab viagra | generic viagra mexico | viagra toronto buy | viagra how it works | cialis 20 mg | index | viagra capsules | viagra alternative and woman | cialis quick shipment | brand viagra over the net | viagra for woman | canada generic viagra | 50 mg cialis | cheapest prices for viagra | buy viagra on the internet | cialis from mexico | woman and cialis | cialis express delivery | sildenafil plant | viagra prices ]

Posted in Uncategorized | Trackback | del.icio.us | Top Of Page

Comments are closed.