Member-only story

How You Can Retire in 10 Years

randerson112358
9 min readJul 6, 2021

--

An investment strategy using Python

Disclaimer: The material in this article is purely educational and should not be taken as professional investment advice. Invest at your own discretion.

Before we begin, if you enjoy my articles and content and would like more content on programming, stocks, finance, machine learning, etc., then please give this article a few claps, it definitely helps out and I truly appreciate it! So, let’s begin!

In this article, I will use the Python programming language to show a few examples of how you can retire within 10 years with any income by investing half your income into an asset that returns an average of 8% per year for 10 years and have enough money left over to meet your expenses. You actually meet your expenses in 10 years, but you are also withdrawing 8% per year which is more than the recommended 3% to 4% withdrawal rate. Of course, I will need to make a few assumptions.

What is Retirement?

Retirement can mean something different for each individual, for example for me it could be simply being able to put food on the table and have a home to live in and being able to support a family, while for another person it could mean being able to spend time vacationing around the world, both would require a different amount of money to maintain…

--

--

No responses yet