NEW WAY Of calculating F U MONEY!!

[undiscern]

My friend recently shared with me a new and simple way of calculating if you have enough to SAY F U BOSS. Not the usual unrealistic and too low level like 2 years of emergency funds and so on...This is the real F U Money

Basically like this:

X : Your Age
Y: Annual Salary/12

F U MONEY = (65 -X)*12*Y

Assuming retire at 65 Years Old.
Assuming no more increment.
Assuming you still have housing loan which you will service till 65 yo.

So for example:

X, Age: 40
Y, Salary: $200000 / 12 = $16666

F U MONEY = 25*12*16666 = $4999800 = $5m

Conclusion: The amount of REAL F U MONEY you need to have NOW is the amount of SALARY you would have earned from NOW to 65yo. If you already have this amount, that is TRUE F U!

 

[ChinTuaKi]

the stupidest maths ever

divide by 12 ...then go mulitply 12 again...

still tok until got dragon and got horses

*facepalm*

 

[undiscern]

the stupidest maths ever

divide by 12 ...then go mulitply 12 again...

still tok until got dragon and got horses

*facepalm*

Hahahaha true hor...but depends of you want precision by months.

 

[bombshell]

TS need to F U Maths first.

 

[elloz123]

the stupidest maths ever

divide by 12 ...then go mulitply 12 again...

still tok until got dragon and got horses

*facepalm*

Ya I wanted to type this too lmao

 

[mewmew]

pa 200k? ts need to wake up

 

[gwbasic]

the stupidest maths ever

divide by 12 ...then go mulitply 12 again...

still tok until got dragon and got horses

*facepalm*

Dun brame him, he ish @undiscern-ing.

 

[undiscern]

pa 200k? ts need to wake up

I know too low for edmw standard

 

[Hyruga]

Age 65 is determined by govt on when you can use your retirement account.

Why be determined by govt. Why not ask for earlier payout.

Why not work till 45 will do

 

[Cereal_Time]

My friend recently shared with me a new and simple way of calculating if you have enough to SAY F U BOSS. Not the usual unrealistic and too low level like 2 years of emergency funds and so on...This is the real F U Money

Basically like this:

X : Your Age
Y: Annual Salary/12

F U MONEY = (65 -X)*12*Y

Assuming retire at 65 Years Old.
Assuming no more increment.
Assuming you still have housing loan which you will service till 65 yo.

So for example:

X, Age: 40
Y, Salary: $200000 / 12 = $16666

F U MONEY = 25*12*16666 = $4999800 = $5m

Conclusion: The amount of REAL F U MONEY you need to have NOW is the amount of SALARY you would have earned from NOW to 65yo. If you already have this amount, that is TRUE F U!

Account for inflation and currency changes. Present with graphs.

 

[mewmew]

I know too low for edmw standard

if 200k pa better continue to fk yrself

 

[undiscern]

Account for inflation and currency changes. Present with graphs

I believe is meant to be ballpark figure.

Essentially, if you have access to liquid cash or stocks (excluding residential) that is equal to your remaining salaries to be earnt, then hoseh liao

 

[djkopikat]

interesting formula lol

actually just (65-X)* Annual Salary can liao wat..why need fcuk extra, divide 12 liao then multiple 12 again lol

 

[Acetone]

This thread is useless and gave me insomnia

 

[Visor9999]

No need to think and calculate, just win toto first place can already

 

[DarkStarer]

Your friend is chiobu is it?
If not, why would you listen to her gong jiao Wei?

One look you already know it's rubbish formula, why you so gullible?

 

[obsceneK2]

So jobless ppl have 0 income. So according to your math equation. The amount of money need to retire is ZERO

 

[Yowe55 mini]

My friend recently shared with me a new and simple way of calculating if you have enough to SAY F U BOSS. Not the usual unrealistic and too low level like 2 years of emergency funds and so on...This is the real F U Money

Basically like this:

X : Your Age
Y: Annual Salary/12

F U MONEY = (65 -X)*12*Y

Assuming retire at 65 Years Old.
Assuming no more increment.
Assuming you still have housing loan which you will service till 65 yo.

So for example:

X, Age: 40
Y, Salary: $200000 / 12 = $16666

F U MONEY = 25*12*16666 = $4999800 = $5m

Conclusion: The amount of REAL F U MONEY you need to have NOW is the amount of SALARY you would have earned from NOW to 65yo. If you already have this amount, that is TRUE F U!

Dear undiscern,

You forgotten you already F yourself with a high mortality rate when you jab yourself years ago.

When mortality rate is high, the formula and math is not relevant.

Confidence for the future. More good years ahead... Let's take Singapore forward together.
Thank you.

 

[undiscern]

So jobless ppl have 0 income. So according to your math equation. The amount of money need to retire is ZERO

If jobless , you don't have a boss to say F U

 

[kreja]

Not important la. Be contented and enjoy the current moment is more important.