No. of Recommendations: 1
There are other factors needed in order to come up with an estimate, mainly the discount rate you'd want to apply. You can do an IRR, but you'd need a starting cost to figure it. You can use a spreadsheet and the NPV function to determine a break-even point, by assuming various initial costs. For instance, here's a table of approximate PVs with associated discount rates:

Rate PV
3% 85,000
4% 72,500
5% 62,500
6% 54,250
7% 47,350

As you can see, the PV varies greatly with the discount rate you use.
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.
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.