One can argue my formula for calculating the value of a pension is overstated. After all, the pension's value is dependent on the terminal value, and we all eventually die. Therefore, if you are particularly pessimistic, you can apply a discount to the final calculation. For example, if y...
Perhaps I should increase the value of my college degree given an NPV calculation is more accurate. After all, I worked in banking for 13 years, made decent money every year, and retired early with a~$3 million net worth. However, I've come to believe college can only be accountable fo...
If you expect your State Pension, or defined benefit (DB) pension, to charge over the hill on the day you declare FI, then just deduct those cashflows from your gross income requirement, and calculate your reduced FI capital based only on the income you need to sustain from...