How much money do you need to accumulate before you can retire and be financially independent? Find out using this simple calculator.
I have 20 years before retirement to accumulate:
so that I can live another 20 years spending $173,387 a year.
How the calculation is done:
1. The formula to calculate your Annual Expenditure after retirement is: (Your Current Annual Expenditure x 80%) x (1 + Inflation Rate in %)ˆYears to Retirement.