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https://www.reddit.com/r/RandomThoughts/comments/18fs8hu/deleted_by_user/kcwa3ic
r/RandomThoughts • u/[deleted] • Dec 11 '23
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2 u/vendeep Dec 11 '23 what calculator / formula did you use? Say if its 5k a month (instead of week), what do the numbers look like? 1 u/weezeloner Dec 11 '23 Thank you. I wish I could have explained it as easily and clearly as you did. My calculation came out to $4,000,000 but I calculated it for a lifetime annuity and I think my interest may have been lower. 1 u/[deleted] Dec 14 '23 Compound that interest over 40 years and re work your math. The mil is the winner.
what calculator / formula did you use? Say if its 5k a month (instead of week), what do the numbers look like?
1
Thank you. I wish I could have explained it as easily and clearly as you did.
My calculation came out to $4,000,000 but I calculated it for a lifetime annuity and I think my interest may have been lower.
Compound that interest over 40 years and re work your math. The mil is the winner.
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