This is a simulation of your net worth over time.
It is based on your current age, income, expenses, and other factors.
It is not a guarantee of your future net worth, but it is a good starting point.
Assumptions:
Market returns are based on historical S&P 500 returns
Inflation is based on historical CPI
Taxes are based on current laws (only federal income tax is considered)
Expenses are split between housing, medical, and other expenses
Kids' ages are used to calculate potential private school expenses
Expenses are reduced with age if needed (2% per year starting at age 60 by upto 25%)
Simulation Results
no_private
Historical Success Rate: 100.0%
Bootstrap Success Rate: 94.0%
Median Net Worth at Retirement (Historical): $5,980,951.24
Median Net Worth at End Age (Historical): $69,039,655.48
Median Net Worth at Retirement (Bootstrap): $5,979,793.96
Median Net Worth at End Age (Bootstrap): $92,969,737.44
Historical Simulation
Bootstrap Simulation
full_private
Historical Success Rate: 91.3%
Bootstrap Success Rate: 87.9%
Median Net Worth at Retirement (Historical): $5,936,811.38
Median Net Worth at End Age (Historical): $59,343,172.41
Median Net Worth at Retirement (Bootstrap): $5,937,960.12
Median Net Worth at End Age (Bootstrap): $82,059,784.60
Historical Simulation
Bootstrap Simulation
high_school_only
Historical Success Rate: 100.0%
Bootstrap Success Rate: 90.2%
Median Net Worth at Retirement (Historical): $5,980,951.24
Median Net Worth at End Age (Historical): $65,102,418.10
Median Net Worth at Retirement (Bootstrap): $5,982,108.52
Median Net Worth at End Age (Bootstrap): $87,380,687.60