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@edockens17 he worded it poorly. His expenses are 10k. His mortgage (50% of expenses) is about 5k. So the extra 100k would give him a buffer of additional 10 months. And if he takes up a part time job that pays about 5k, his buffer becomes 20 months.

@lichtoefur Hey 2M in purchasing power in the future is better than none ;)

@lichtoefur ah yes you're right. I set my retirement for 60 years old! Otherwise your maths look good. 4M by 55, factor in 26 years of inflation, you are looking at about 2M purchasing power (in today's terms)

@lichtoefur Have you factored in compounding interest? I ask because I am on track to hit 4m by 55 and I don't save close to 100k per year. Check out my retirement calculator. Make a copy.

@kars Good work on managing your finances so well. I wish I started keeping tab of my monies at 26. Please do look into ASB & ASB loan. It's amazing and make use of what you can get, not all of us are so lucky. Look into stashaway if you want some background dummy-proof investment going on. If...