2491: Silly and Misleading Retirement Calculators by Mr Money Mustache on Percentage of Income Formulas
Oct 22, 2023•10 min•Ep. 2491
Episode description
Mr. Money Mustache talks about silly and misleading retirement calculators.
Episode 2491: Silly and Misleading Retirement Calculators by Mr Money Mustache on Percentage of Income Formulas
Mr. Money Mustache is a thirty-something retiree who now writes about how we can all live a frugal, yet awesome, life of leisure.
He and his wife studied engineering and computer science in Canada, then worked in standard tech-industry cubicle jobs in various locations throughout the late ’90s and early 2000s.
Then they retired from real work way back in 2005 in order to start a family. This was achieved not through luck or amazing skill, but simply by living a lifestyle about 50% less expensive than most of their peers and investing the surplus in very boring conservative Vanguard index funds and a rental house or two.
The original post is located here: https://www.mrmoneymustache.com/2011/04/21/silly-and-misleading-retirement-calculators/
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