Comments on: How to Think About Market Drops https://fourpillarfreedom.com/how-to-think-about-market-drops/ Sharing insights on how to grow wealth and gain freedom. Mon, 21 Oct 2019 19:40:54 +0000 hourly 1 https://wordpress.org/?v=6.6.1 By: Zach https://fourpillarfreedom.com/how-to-think-about-market-drops/#comment-33112 Mon, 15 Oct 2018 14:17:59 +0000 https://fourpillarfreedom.com/?p=31741#comment-33112 In reply to Ellen.

Hey Ellen,

The formula probably makes an assumption about your annual investment return. If you dollar-cost average (just invest whenever you have cash available), you should be fine. VTSAX is a great choice as well since it has such a low investment fee.

]]> By: Ellen https://fourpillarfreedom.com/how-to-think-about-market-drops/#comment-32404 Sat, 13 Oct 2018 18:19:22 +0000 https://fourpillarfreedom.com/?p=31741#comment-32404 Zach…Regarding the below article, I think you wrote a blog post that came to the same conclusion, I just can’t find it. I have a few questions please.

Here’s how much you have to save every month to retire with $1 million

https://www.cnbc.com/2018/09/28/how-much-you-have-to-save-every-month-to-retire-with-1-million.html

20: $319 per month
25: $440 per month
30: $613 per month
35: $864 per month
40: $1,240 per month
45: $1,831 per month
50: $2,831 per month

I’m using age 45 as an example and the mutual fund I’m using is VTSAX. My questions are

1. Does the PRICE of the mutual fund matter in the formula? Or you buy whenever you have $ to buy.

2. Does it matter WHEN I buy the mutual fund? In other words, do I have to buy the mutual fund every month or as long as I buy $21,972 ($1,831 x 12) that year then the formula still works?

Because when I get my bonus at end of the year, can I buy all of it then or I have to buy it every month in order for the formula to work?

Thanks

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