Mr. Money Mustache talks about silly and misleading retirement calculators.
Episode 1474: Silly and Misleading Retirement Calculators by Mr Money Mustache on Percentage of Income formulas
Mr. Money Mustache is a thirty-something retiree who now writes about how we can all live a frugal, yet awesome, life of leisure. He and his wife studied engineering and computer science in Canada, then worked in standard tech-industry cubicle jobs in various locations throughout the late ’90s and early 2000s. Then they retired from real work way back in 2005 in order to start a family. This was achieved not through luck or amazing skill, but simply by living a lifestyle about 50% less expensive than most of their peers and investing the surplus in very boring conservative Vanguard index funds and a rental house or two.
The original post is located here: https://www.mrmoneymustache.com/2011/04/21/silly-and-misleading-retirement-calculators/
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