TyperMcTyperson OP t1_jef81cd wrote on March 31, 2023 at 4:02 PM

Reply to comment by clearwaterrev in Do I stand a chance at a decent retirement given where I currently am? by TyperMcTyperson

Ok. So currently I'm on target for like $51k per year including the backdoor roth. So sounds like I'm on a decent trajectory. Does that number you quoted include my current balance of around $415k?

Do you have a retirement calculator you are using for this? Or just basic compounding interest calc?

clearwaterrev t1_jef8bmv wrote on March 31, 2023 at 4:04 PM

I used the future value formula in excel, and included a present value of $450k (your 401k balance and other investments).