App 7: Required wealth to finance constant (nominal/real) yearly spending
Yearly spending (base, real)
Spending per year
1,000
Time horizon (years)
Years
20
Rates
Interest rate
3.00%
Inflation rate
1.00%
Compute
Required wealth (nominal spending)
Required wealth (real spending)
Yearly spending (constant nominal)
Yearly spending (indexed for inflation)
Required wealth (nominal spending):
—
Required wealth (real spending):
—
Waiting…