<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > Nest Egg Projections
 

Nest Egg Projections

December 31st, 2012 at 04:35 pm

So here is a little thing I like to do at the end of the year. I take my retirement savings and project what they will be when I am 65 and 67. (My SS full-retirement age is 67. If it is possible, I will retire at 65.) I assume different average rates of return and see what I will have if I keep saving at my current rate, and if I stop saving.

Here are the results for my tax-deferred accounts:




And here are the results for my Roth:



What these tell me is that if I continue at my current savings rate and enjoy 7% returns, I will hit my targets of 600k tax-deferred and 150k Roth. If I don't earn 7%, or if I don't keep saving at my current rate, I will fall short.

My current savings rate is 2.4k into my Simple plus 1.4k of company match, and 3k into my Roth.

0 Responses to “Nest Egg Projections”

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]