How do you calculate a 10 discount
Just remember that value is subjective.
1,800,000 sounds like a lot, but in gardening gift certificates 33 years, 1,800,000 will buy just 678,000 worth of goods and services today using a 3 annual inflation rate.If you feel your net worth is lacking based on my charts for gifts for the person who is always cold the average net worth for above average people, simply calculate the value of your pension using my formula.Are you on track?When it comes to your money, its always better to end up with too much than too little.Select the cell with the formula.But as we all know, the maximum amount you can contribute to a 401K or IRA is only 18,000 or 5,500, respectively for 2017.Value of pension (67,500 /.0255).95 2,514,706.
This figure is also subjective, but I believe the federal government will honor their promises to older employees.
Ive highlighted 2 4 in the chart because thats where the 10-year bond yield is and where I think it will be for the foreseeable future.
But who on Earth can reliably generate a 50 annual return each year forever?Ive been using Personal Capitals free financial tools and app to optimize my wealth since 2012.Read up in the Excel help how to perform such basic operations.It just seemed a bit long winded to do the formula in every cell, but that seems easy enough.There are half a dozen other ways of copying a cell/formula down a column (or across a row).