2491: Silly and Misleading Retirement Calculators by Mr Money Mustache on Percentage of Income Formulas

Published: Oct. 22, 2023, 7:01 a.m.

Mr. Money Mustache talks about silly and misleading retirement calculators.\nEpisode 2491: Silly and Misleading Retirement Calculators by Mr Money Mustache on Percentage of Income Formulas\nMr. Money Mustache is a thirty-something retiree who now writes about how we can all live a frugal, yet awesome, life of leisure.\nHe 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.\nThen 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.\nThe original post is located here: https://www.mrmoneymustache.com/2011/04/21/silly-and-misleading-retirement-calculators/\nVisit Me Online at OLDPodcast.com\xa0\nInterested in advertising\xa0on the show?\xa0https://www.advertisecast.com/OptimalFinanceDaily\nLearn more about your ad choices. Visit megaphone.fm/adchoices