Calculates and visualizes your years to retirement based on an income-agnostic your savings rate.
$t = \frac{\ln\left(\frac{m(1-S) \cdot r + S}{E \cdot r + S}\right)}{\ln(1 + r)}$
| description | default | |
|---|---|---|
| $t$ | years until target | - |
| $S$ | savings rate | 0.15 |
| $r$ | annual rate of return | 0.05 |
| $E$ | existing savings as multiple of annual spending | 0 |
| $m$ | retirement multiplier | 25 |