Hello fellow FIRE-birds!
Still navigating my way through the massive amount of information in the forum so apologies if this is not to forum standards for some reason
I have recently begun getting into a more disciplined mode and am trying to avoid re-inventing the wheel. So my question is -
Is there a central place for "tools and Trackers" that are most favored / most robust / most valuable to ERE members?
I understand this is prone to subjective categorization and valuation, but did not know if newbies like me can avoid ruffling feathers by asking "stupid" 'how-do-I' questions OR something as simple as 'basic' terminology - e.g when I first got here, I tried looking up SWR, then went to on google, and scratched my head on how Standing Wave Ratio related to FI!
Thoughts/criticism?
Trackers and tools
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Re: Trackers and tools
The most relevant ones are:
savings rate: gross spending / (net income+retirement contributions)
swr = gross spending / total networth; some use liquid networth only but most include home equity.
People aim for 4% or 3%. Some a bit higher, some a bit lower.
1 jacob = $7,000/year in spending; just in case you come across it on the forum, not used elsewhere.
savings rate: gross spending / (net income+retirement contributions)
swr = gross spending / total networth; some use liquid networth only but most include home equity.
People aim for 4% or 3%. Some a bit higher, some a bit lower.
1 jacob = $7,000/year in spending; just in case you come across it on the forum, not used elsewhere.
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- Joined: Fri Mar 30, 2018 3:18 pm
Re: Trackers and tools
@jacob - thank you
I will continue my research and add links here to things that I found useful . Here is one
SWR calc -- https://earlyretirementnow.com/2017/01/ ... 7-toolbox/
I will continue my research and add links here to things that I found useful . Here is one
SWR calc -- https://earlyretirementnow.com/2017/01/ ... 7-toolbox/
Re: Trackers and tools
Be sure to check out the ERE wiki. Lots of good resources are compiled there.