#calculators

Retirement / inflation calculators have got me down. Need encouragement.

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Retirement / inflation calculators have got me down. Need encouragement. Our family is solidly middle class but we have 3 kids and are currently breaking about even after contributing the 5% that the employer matches to each of our retirement accounts. I am 33 and my husband is 42. I’m about to switch jobs and get a significant raise, so I went through the personal finance flowchart. Hooray, we are able to contribut…

Reddit Personal Finance 1.0k 2024-06-10

Do retirement calculators assume you will exhaust everything during your lifetime

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Do retirement calculators assume you will exhaust everything during your lifetime Good day, I am sorry if this is stupid or apparent, but I can’t seem to find an answer. Do most retirement calculators assume that you will expend all your savings, assets and investments as you age? Or do they assume you will just live off the interest? submitted by /u/Pooeypinetree

Reddit Personal Finance 468 2024-04-04