- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Yes, another retirement thread - RE: How much you need to retire
Posted on 10/8/12 at 3:51 pm to Powerman
Posted on 10/8/12 at 3:51 pm to Powerman
quote:
Dude
Inflation
What is 50K going to be worth in 30 years?
It takes 119K of 2012 dollars to match 50K from 1982.
If inflation over the next 30 years is similar you're looking at having to live on 120K a year. Not 50.
a lot of people on defined pension plans don't realize this, you get to retire at 100% of your salary at 30 years. Then 25 years later you're 70 and that 100% isn't looking so hot
1
Posted on 10/8/12 at 9:34 pm to yellowfin
re: inflation
rule of thumb: I always heard that prices double every 20 years. $50,000 in eggs/milk/bread today will cost $100,000 in 20 years.
rule of thumb: I always heard that prices double every 20 years. $50,000 in eggs/milk/bread today will cost $100,000 in 20 years.
Page 1 of 1
Back to top
Follow TigerDroppings for LSU Football News