Calculating Your Number

  • Posted by AJC
  • August 3, 2008

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Yesterday, one of our Final 15 asked for help with their spreadsheet – using their draft as a hypothetical, we made a couple of assumptions and came up with the following:

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The whole purpose of the 7 Millionaires … In Training! ‘grand experiment’ is to help this Finalist – and everybody else in the 7m7y Community (active participant or not) – to get to their Number.

Understanding the Number for you is just the first (but, most critical) step off the precipice …

… be warned, once you take that first little step there is no turning back :)

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August 3rd, 2008
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Comment Number:
1
Written by:
The Value of Your Life’s Purpose … «
Posted on:
August 19, 2008 at 3:56 am

[...] have already quantified the value of Your Life’s Purpose … that was the whole (financial) point of the [...]

Comment Number:
2
Written by:
401k v Real-estate. A close call, then? « How to Make 7 Million in 7 Years™
Posted on:
August 26, 2008 at 9:14 am

[...] Does it make your Number? [...]

Comment Number:
3
Written by:
But, I need more! « How to Make 7 Million in 7 Years™
Posted on:
August 30, 2008 at 2:52 am

[...] Published August 30, 2008 Rich I’m still receiving questions and comments regarding this post: Will you ever put a penny in your 401k [...]

Comment Number:
4
Written by:
What’s a “vacation”? « How to Make 7 Million in 7 Years™
Posted on:
September 29, 2008 at 6:09 am

[...] you decide that you need to be on one of the high growth curves to make your Number … however many millions of dollars that may turn out to be [...]

Comment Number:
5
Written by:
Building Your “Lee’s List” … «
Posted on:
September 29, 2008 at 12:10 pm

[...] have not bothered, here is a really practical step for you to get started on, because calculating Your Number (and, Your Date) is absolutely critical to everything that we will be doing from here on [...]

Comment Number:
6
Written by:
Ryan’s “Lee’s List” «
Posted on:
October 10, 2008 at 4:46 am

[...] one of the most effective and enlightening self-improvement exercises I’ve ever done, I’ve calculated my “number” and put a lot of thought and [...]

Comment Number:
7
Written by:
Reviewing Your Number … «
Posted on:
October 16, 2008 at 10:49 am

[...] starting out, rich, wealth, money, Your Number, Magic Number We’ve calculated our Number before, but this is the first time that we are ‘open-booking’ this exercise with our 7 [...]

Comment Number:
8
Written by:
Looking for the Perfect Retirement Formula? « How to Make 7 Million in 7 Years™
Posted on:
December 13, 2008 at 10:57 am

[...] can safely withdraw 5% of your Net Worth each year following ‘retirement’ (hence, the Rule of 20), but conventional wisdom is aimed at people who conventionally retire … which, I trust, is [...]