1474: Silly and Misleading Retirement Calculators by Mr Money Mustache on Percentage of Income formulas

Published: March 23, 2021, 7 a.m.

Mr. Money Mustache talks about silly and misleading retirement calculators.\n Episode 1474: Silly and Misleading Retirement Calculators by Mr Money Mustache on Percentage of Income formulas\n Mr. Money Mustache is a thirty-something retiree who now writes about how we can all live a frugal, yet awesome, life of leisure. He and his wife studied engineering and computer science in Canada, then worked in standard tech-industry cubicle jobs in various locations throughout the late \u201990s and early 2000s. Then they retired from real work way back in 2005 in order to start a family. This was achieved not through luck or amazing skill, but simply by living a lifestyle about 50% less expensive than most of their peers and investing the surplus in very boring conservative Vanguard index funds and a rental house or two.\n The original post is located here: https://www.mrmoneymustache.com/2011/04/21/silly-and-misleading-retirement-calculators/\n Let Ryan Reynolds help you cut your wireless bill to 15 bucks a month at mintmobile.com/OFD\n Please Rate & Review the Show!\n Visit Me Online at OLDPodcast.com\xa0and in\xa0The O.L.D. Facebook Group\n \xa0Join the Ol' Family to get your Free Gifts and\xa0join our online community: OLDPodcast.com/group\n Interested in advertising\xa0on the show?\xa0https://www.advertisecast.com/OptimalFinanceDaily\nLearn more about your ad choices. Visit megaphone.fm/adchoices