Skip to main content
No. of Recommendations: 0
A 54 year old friend is looking at a possible job loss. He and his wife have been very frugal (read "cheap") over the years, and have saved and invested a lot. His wife "thinks perhaps" they will be able to not have to worry about looking for another job, at least another full-time "high-powered" job -- but doesn't really know.

So - a calculator in which they could plug in their current assets, the current rate of return (I'm advising them to use no more than 10%...right?), their expected income needs --

and out the other end would come some idea about whether they'll be OK, would need another job, need another part-time job, or whatever.

Am I making sense? Is there such a thing? Thanks...
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.