30 $500.00 $500.00
31 $565.00 $558.00
32 $634.55 $620.06
33 $708.97 $686.46
34 $788.60 $757.52
35 $873.80 $833.54
36 $964.96 $914.89
37 $1,062.51 $1,001.93
38 $1,166.89 $1,095.07
39 $1,278.57 $1,194.72
40 $1,398.07 $1,301.35
41 $1,525.93 $1,415.45
42 $1,662.75 $1,537.53
43 $1,809.14 $1,668.16
44 $1,965.78 $1,807.93
45 $2,133.39 $1,957.48
46 $2,312.72 $2,117.51
47 $2,504.61 $2,288.73
48 $2,709.94 $2,471.94
49 $2,929.63 $2,667.98
50 $3,164.71 $2,877.74
51 $3,416.24 $3,102.18
52 $3,685.37 $3,342.33
My takehome is around $44500 annually. Now, I could live like a hermit and suffer and save $30,000 a year...which means I am living on $14,500 a year or $1208/month. Basically rent a room with a bunch of roommates, rarely eat out, etc
However the second column is me saving $23K a year instead. That would give me almost $1800 per month to live. Which I could rent a small apartment myself and still live decent but semi frugally..
I feel like the difference between the 2 tables is very minimal...and thus being frugal is kinda pointless.
Thoughts?
(I am assuming 7% return on investments; One is saving $30K a year and the other is saving $23K a year)
December 08, 2017 at 09:11AM
