Existing users, 
It seems strange to me that if I start with zero savings, and the fund into which I make contibutions earns zero% in real terms (ie after removing the deteriorating value of money due to inflation) I can end up at any future date with more than the sum of my contributions.
Nothing is effectively earned by this fund on these assumptons.
EasyRetirement
Figure out how much you should invest to ensure that your retirement is comfortable.
Version: 1.1.0
Hmmm
Feedback Type: Commentary
Contributed by: .Court Friday, August 05 2005 @ 01:55 AM PDT
Product Platform: MacOSX
Used Product For: Have Not Tried
Comments
Hmmm - .Court
There is a correct way. This program doesn't do it right.Saturday, August 06 2005 @ 04:54 AM PDT
Hmmm - MrJoy
Actually, the program is making the calculation correctly. Subtraction of Desired Income does not begin until retirement age, at which point contributions stop.If the contributions and salary subtractions happened at the same time, you'd be able to wind up with a net of zero, but this program assumes that you won't be withdrawing from your retirement fund until you actually *retire* (at which point contributions would be pretty non-sensical since your income is drawn from the retirement fund at that point...).
-JF
Sunday, August 07 2005 @ 02:14 PM PDT
Hmmm - kyte
The whole thing doesnt feel right. There seems to be an assumption that you will never preserve your capital, hence you get to run out of funds. There needs to be alternatives for those of us that want to leave something for the next generation and those of us who likely will miscalulate on EOL. "OK" software but needs a lot more development.Monday, September 05 2005 @ 12:36 PM PDT
Hmmm - c141flyer_dotmac
Proably due to how the program calculates inflations versus interest.Reply to This
Friday, August 05 2005 @ 05:57 AM PDT