here’s a formula you can type into a spreadsheet to see how long your money will last.

=NPER(4%,yearly_spending,-principal)

for instance, if you spend 100k a year, then a 2m$ principal lasts 41 years. so if you think you’ll live no more than 41 years longer, a 2m$ is all you need.

whereas if you use the standard 4% rule (aka 25x rule), then you need 2.5m$ to retire if you spend 100k.

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early in 2010, i encountered Aaron Hamlin on a comment thread about alternative voting methods. later that year, we began the 501(c)3 incorporation process for the center for election science.

it wasn’t until 8 1/2 years later that fargo became the first u.s. city to adopt approval voting. electoral reform is glacial, but i believe that approval voting will become an overnight success within a few years.

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Clay Shentrup

Clay Shentrup

280 Followers

advocate of score voting and approval voting. software engineer. father. husband. american.