The effect of saving more

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The dynamic effect of saving more on when you can retire.

Published in: Economy & Finance
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The effect of saving more

  1. 1. Concept: Standard of Individual Living (SOIL), and interaction with Saving More SOIL (Current) Before retirement Lines cross = When can retire Age 2) SOIL lowered because Money Saved, not spent = Can retire even sooner (few; dynamic) Portfolio Balance When save more: 1) Lines cross SOONER since saving more increases portfolio balance (everybody; static) More saved; moves line more Dynamic: Combined effect is to move to “Green Triangle” so you may retire sooner New SOIL Automatic, By action

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