Calculate Your Financial Comeback
If you're like most people, your investment accounts took a beating in 2008. Wondering when you might recover from those losses? The New York Times has a free online calculator that'll help you estimate an answer to that question.
Matt's View
Of course, no one knows what future market returns will be. And a wise person once noted that numbers will confess to just about anything if you torture them long enough. The wise will enter a conservative annual return into the calculator.
This article filed in: Investing , Retirement
Managing Money by The Book
- "I delight in your decrees; I will not neglect your word." - Psalm 119:16
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