The Motley Fool Discussion Boards

Previous Page

Investing Strategies / Retirement Investing


Subject:  Looking for a calculator Date:  7/16/2000  8:09 AM
Author:  AnnW Number:  23403 of 107495

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...
Copyright 1996-2022 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us