App 8: Real yearly spending financed by given (real) yearly savings
Yearly (real) savings payments
Payment per year
1,000
Time horizon for savings (years)
Years
35
Time horizon for spending (years)
Years
30
Rates
Interest rate
2.00%
Inflation rate
1.00%
Compute
Yearly savings (real):
—
Yearly spending possible (real):
—
Yearly (real) savings while working
Yearly (real) spending during retirement
Future wealth at end of savings phase (real) available to finance (real) yearly spending during retirement:
—
Waiting…