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Simple Investment Return Calculators (for us "mathematically challenged")
Might help someone weigh risks and benefits of investing in equities over longer time frames.
(1) This calculator allows you to calculate the return of the S&P over any period you select. In addition, you can select to show return in inflation adjusted (or non adjusted) dollars. http://www.moneychimp.com/features/market_cagr.htm
Now, especially for some of we older farts here at the board.....inflation. The real challenge to investing, eh? My 97 y.o. M.I.L. and 89 y.o. mother know of and understand inflation. I smile when I see a current Ford truck? ad helping the viewer feel better with announcing $7,000 plus in rebates, etc. I recall, with the wayback machine; when I worked for a short time at Generous Motors in my youth, when $7,000 would let one buy two very nice new cars. 'Course, the straight time hourly pay rate was $3.08/hour in 1966.
Comments
Thanks for posting.
I bookmarked this thread for reference.
Old_Skeet
http://www.bankrate.com/calculators/retirement/roi-calculator.aspx
I smile when I see a current Ford truck? ad helping the viewer feel better with announcing $7,000 plus in rebates, etc. I recall, with the wayback machine; when I worked for a short time at Generous Motors in my youth, when $7,000 would let one buy two very nice new cars. 'Course, the straight time hourly pay rate was $3.08/hour in 1966.
Inflation Calculator, Coin World site
Sleep tight and don't let the inflation bug bite...
Catch