The best formula for personal finance is the one that solves the question, what rate of return do i need to reach my specific goals? Every major asset management company vanguard, fidelity, schwab. They all have these calculators that are great places to start. You can dive in to web sites like a can i retire yet as a bunch of has a whole page full of calculators. Show notes are available at afford anything dot com slash episode three, nine, four.

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