Comments on: A Guide to the “Quit Your Day Job” Calculator

By: Zach @ Four Pillar Freedom

Zach @ Four Pillar Freedom — Wed, 23 May 2018 19:52:59 +0000

In reply to Jerry Rozita. Thanks, Jerry! Glad to hear you're finding the tool helpful :)

By: Jerry Rozita

Jerry Rozita — Tue, 22 May 2018 11:17:55 +0000

Awesome tool. You’ve opened my eyes & already keep an eye on my monthly spending. I Also use Personal Capital to track my expenses.

By: Zach @ Four Pillar Freedom

Zach @ Four Pillar Freedom — Sat, 09 Sep 2017 18:59:44 +0000

In reply to Lane Beck.

Hey Lane, you can find the tool here: https://fourpillarfreedom.com/four-visuals-volume-3-quit-your-day-job-calculator/

By: Lane Beck

Lane Beck — Sat, 09 Sep 2017 17:33:15 +0000

Great post, Zach! Is there a way I can access this tool to play around with it?

By: Zach @ Four Pillar Freedom

Zach @ Four Pillar Freedom — Thu, 07 Sep 2017 10:53:03 +0000

In reply to Krystal.

I’m glad you found it helpful, Krystal. It’s definitely worth considering leaving a job you hate before you achieve complete financial independence. I think many people are in a similar position as you – best of luck on your financial journey 🙂

By: Zach @ Four Pillar Freedom

Zach @ Four Pillar Freedom — Thu, 07 Sep 2017 10:50:32 +0000

In reply to SMM.

On the calculator the interest rate is set to a default of 5%. Over the long-run stocks typically grow at around a 7-8% rate annually and inflation is typically 2-3% annually, which is why I have the default interest rate set to 5%. So yes, it does account for inflation. But these are just assumptions – your savings might actually grow at only 2% annually or maybe 10% annually, feel free to play around with the interest rate settings 🙂

By: Zach @ Four Pillar Freedom

Zach @ Four Pillar Freedom — Thu, 07 Sep 2017 10:47:03 +0000

In reply to Piggy-banking. Thanks Piggy-banking!! :)

By: Krystal

Krystal — Wed, 06 Sep 2017 15:39:05 +0000

Thanks Zach. Great post as usual. I also appreciated the calculator shared. Based on my results I’d retire in 10 years. That’s a bit concerning in that I do dislike my job (very much). I actually find it pointless. It doesn’t contribute anything to the greater good and these meetings are just a waste of time. Imagine going into a 2 hour meeting and ending more confused than how you went in.
You’ve opened my eyes to a new perspective though. I think I’ll consider staying at my job for the next few years then take the leap to something I’ll like. It may take a longer time for FI, but at least I’ll be sane. 🙂

By: SMM

SMM — Wed, 06 Sep 2017 13:54:20 +0000

Awesome tool; does it also take into account inflation – how much dollars will be worth in the time we decide to quit our jobs?

By: Piggy-banking

Piggy-banking — Wed, 06 Sep 2017 12:33:20 +0000

Very cool, you have managed to improve the retirement calculator. Congrats, very useful!

https://piggy-banking.com/