FIRE+FP

Question 1

years to retirement if saving/investing 50% of income

Answer 1

17

Question 2

years til retirement if saving/investing 75% of income

Answer 2

7

Question 3

2008 US Average Savings Rate

Answer 3

6% [OECD, IMF] [https://networthify.com/]

Question 4

How many years can you retire in if you save 100k a year and spend 20k a year?

Answer 4

4.4 years [https://networthify.com/]

Question 5

How many years can you retire in if you save 110k a year and spend 15k a year?

Answer 5

3.2 years [https://networthify.com/]

Question 6

How many years can you retire in if you save 50k a year and spend 20k a year?

Answer 6

8.1 years [https://networthify.com/]

Question 7

How many years can you retire in if you save 40k a year and spend 30k a year?

Answer 7

13.2 years [https://networthify.com/]

Question 8

How many year can you retire in if you save 100k a year and spent 30k a year?

Answer 8

6.8 years [https://networthify.com/]

Question 9

How many years can you retire in if you save 40k a year and spend 20k?

Answer 9

10.2 years

Question 10

Using average USA savings rate in 2008, how many years would it take an American to save for retirement?

Answer 10

62

Question 11

2008 average india savings rate

Answer 11

32% [OECD, IMF]

Question 12

Taking my current lifestyle and income, increasing to a 800/mo apartment, eating out 6 times a week, getting a 200/mo car, going on a nice vacation each year would change my years til retirement from what to what?

Answer 12

from 10 years to 20 years.

Question 13

median USA net worth in 2020

Answer 13

97k