Saturday, April 16, 2016

Mad Fientist Financial Independance Calculator

For the people looking to someday retire, this calculator may prove useful. You will need to create an account, but wait! Don't get scared. It's a simple email and password! I know the pain of websites wanting non-relevant information. This isn't that. I made a user account and then followed step-by-step instructions. What you do is put your expenses, savings and net worth for a mount and it plots your FI date on a graph. I only have one month right now so it isn't a line but a dot. Here is my picture:
Yes, you read that correctly. At my current rate I have 19 years until financial independence at my current rate, assuming I never get any raises or promotions. That isn't too bad when you think about it. On the left side you can adjust the assumptions for your particular case. Naturally, I have no affiliation with Mad Fientist.  

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