A couple weeks ago I was playing with an early retirement calculator. I typed in different savings rates to see how long it would take me to retire if I saved 25% of my income vs. 50%, for example. I wanted to see everything in one easy chart, so I made it.
Regardless of how much money you make, here's how many years it will take you to retire based on what percentage of your take-home pay you save to investment accounts. The chart assumes you collect no Social Security -- it accounts only for your personal wealth. For more explanation on the numbers, read the full post.
Submitted April 30, 2019 at 12:26PM by millennialtoast http://bit.ly/2IRhTA4