Financial recovery

[pegkerr]

How long will it take your portfolio to recover from this financial Armageddon? Check out the NYT's cool calculator: just punch in how much your portfolio was worth at its peak, its current value, how much you contribute on a regular basis, and play with the annual return. It generates a nice Times-quality graph of how long it's going to take you to get it all back, and what the outlook is for years to come. Good way of putting the whole shebang in perspective.

Thanks to knitmeapony for the link.

Comments

[rachet.livejournal.com]

...that made me a little sick.

[ame-chan.livejournal.com]

*sigh* Four years at my current rate plus a little. Which, given that we're all laid off and have to dip into it so we can eat and stuff is... iffy.

Well, still. We'll get back there. Eventually.

[minnehaha.livejournal.com]

So many people have so little savings that the idea of having a portfolio is unimaginable.

K. [that's the perspective I always start with]

[trogon.livejournal.com]

Except that the counter starts once the markets start going up again, which may not be for another few years, by which time we'll all have lost even more money.