Comments on: How to Calculate Retirement Costs for Anything https://www.campfirefinance.com/how-to-calculate-retirement-costs/ A personal finance community for those seeking FIRE, by those seeking FIRE Wed, 06 Nov 2019 17:45:32 +0000 hourly 1 https://wordpress.org/?v=5.4.1 By: Camp FIRE Financehttps://www.campfirefinance.com/how-to-calculate-retirement-costs/#comment-3787 Tue, 27 Aug 2019 14:23:39 +0000 http://www.getrichquickish.net/?p=2252#comment-3787 In reply to Dr. Cory S. Fawcett.

Thank you, Dr. Fawcett!

]]> By: Dr. Cory S. Fawcetthttps://www.campfirefinance.com/how-to-calculate-retirement-costs/#comment-3770 Sat, 24 Aug 2019 18:41:05 +0000 http://www.getrichquickish.net/?p=2252#comment-3770 Ty,
Thanks for this nice simple answer to a question I get all the time. I’m going to add this to my Fawcett’s Favorites on Monday.

Dr. Cory S. Fawcett
Prescription for Financial Success

]]> By: Paul Sharphttps://www.campfirefinance.com/how-to-calculate-retirement-costs/#comment-769 Tue, 03 Oct 2017 17:41:23 +0000 http://www.getrichquickish.net/?p=2252#comment-769 Saving enough money that will be okay to eat good food for the rest of life is just one part of retirement planning. Rather I should say there are many more areas that we need to explore to get a better understanding of things. Cost of living and health insurance terms and conditions are all important aspect that should be taken into account seriously. But things would get worse when we do not pay enough attention to the global economy because any fluctuations at the global level will directly effect the cost of living in every country.

]]> By: Ty @ Get Rich Quick'ishhttps://www.campfirefinance.com/how-to-calculate-retirement-costs/#comment-768 Tue, 04 Apr 2017 17:52:00 +0000 http://www.getrichquickish.net/?p=2252#comment-768 In reply to Kurt.

Thanks, Kurt! I see that you’ve already shared this on FB and Twitter. Much appreciated. Glad it was useful!

]]> By: Kurthttps://www.campfirefinance.com/how-to-calculate-retirement-costs/#comment-767 Tue, 04 Apr 2017 17:23:00 +0000 http://www.getrichquickish.net/?p=2252#comment-767 This is awesome stuff, great infographic and such a simple but useful insight. Sharing widely! Thanks!

]]> By: Ty @ Get Rich Quick'ishhttps://www.campfirefinance.com/how-to-calculate-retirement-costs/#comment-766 Fri, 31 Mar 2017 16:29:00 +0000 http://www.getrichquickish.net/?p=2252#comment-766 In reply to Money Buffalo.

Auto expenses are 97% inefficient (b/c we only drive ~3% of the time). That’s a HUGE amount of money for something we use so little. Seems like such a waste to me. It’s one reason I ditched my second car ~18 months ago and have been riding the bus to work instead: http://www.getrichquickish.net/2016/11/ditched-car-saved-8000-one-year.html

]]> By: Money Buffalohttps://www.campfirefinance.com/how-to-calculate-retirement-costs/#comment-765 Fri, 31 Mar 2017 11:15:00 +0000 http://www.getrichquickish.net/?p=2252#comment-765 I had forgotten about the 4% rule. I think the biggest surprise for me is home & car insurance. When we look at our spending in that category for a year, it’s the 2nd largest expense after our mortgage.

]]> By: Ty @ Get Rich Quick'ishhttps://www.campfirefinance.com/how-to-calculate-retirement-costs/#comment-764 Sat, 25 Mar 2017 20:27:00 +0000 http://www.getrichquickish.net/?p=2252#comment-764 In reply to Zach @ Four Pillar Freedom.

Thanks, Zach! I try to avoid giving out orders like “you need to cut cable if you want to get ahead!” That’s not my place. I just try to offer different points of view and share what’s worked or failed in my own journey.

]]> By: Zach @ Four Pillar Freedomhttps://www.campfirefinance.com/how-to-calculate-retirement-costs/#comment-763 Sat, 25 Mar 2017 19:36:00 +0000 http://www.getrichquickish.net/?p=2252#comment-763 Ty, awesome article. This really gets at the heart of one of the biggest ideas in personal finance – recurring expenses are far more costly than we think. I love the point you made towards the end – this isn’t a call to live a life of boredom and give up hobbies, but rather to be more mindful with our spending and recognize the true cost of expenses. Keep up the great content!

]]> By: Ms. Montanahttps://www.campfirefinance.com/how-to-calculate-retirement-costs/#comment-762 Sat, 25 Mar 2017 15:53:00 +0000 http://www.getrichquickish.net/?p=2252#comment-762 Love it! Some things seems totally worth it, like Netflix. That chunk of money for rent….ekkk. I’m glad our total housing cost is under $400 a month. I would totally set aside $15k for coffee. 🙂

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