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Originally Posted by Xist
To adjust the math of someone that I am sure is a perfectly nice person, $3,736.06 in Vanguard's VFINX would be worth $63,353.41 in 27 years, but based on my 3% inflation math, we will have 100% inflation by then.
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To get inflation adjust numbers you take the investment percentage (In this case 10.53% for VFINX) and subtract your inflation estimate (3%) and plug that new percentage into a compounding interest calculator.
That comes out to $28,126 in inflation adjusted dollars.
Quote:
Originally Posted by Xist
I am curious what my retirement actually gets.
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What is it invested in?
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Originally Posted by Xist
The Accord...
The Civic....
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I'll ask again. Why two cars for 1 guy. Twice the insurance and twice the registration fees.
Quote:
Originally Posted by Xist
I will remind you, I will have paid off $13,600 of personal debt on a $36,000 salary.
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Which is awesome
That second job is really paying off.