Click on the following button to launch the program:
Calculates how much money you would have to put away every month
in order to be able to live off of the interest of your investments
at some future date.
I assume that you will want a very long
retirement so the amount of savings needed is calculated to be large
enough such that the interest will cover living expenses, taxes,
inflation, and enough growth to retain its equivalent present value
indefinitely. This is my definition of "being rich": having enough
wealth that you never have to work again unless you want to.
Send your questions and comments regarding this program to
David Wallace Croft.