Rubbish calculator.
It’s too big if you’re young. It’s too little if you’re trying to retire.
A better one that I came up with works on the fact that money compounds.
It’s: [2^((Age-20)/10) – 1] × Income
So if I’m 27 years and 9 months (27.75 years old) old it would be:
(2^0.775 – 1) x Income = 0.71 x Income
When you’re 67 this would be 25x Income which follows general retirement advice
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