XIRR!!!
Why again? Not sianz meh?
May be you happen to chance upon this blog post Retirement Income for Life??? (9) and read about Uncle8888's Formula and the Magic Number of $48K pa for couple.
For example,
You are in your 30 and have $300K as investing capital. You also plan to retire at 60 based on Uncle8888's Formula. However, the current Magic Number of $48K at 3% inflation rate will transform into $117K when you reach 60.
An increase of 243%!!!
Scary or not?
Then, do you know how much you will need to make from the stock market with your initial investing capital of $300K over your investing time horizon of 30 years?
Based on Uncle8888's Formula, you will need about $2.9M
Can you really make $2.6M from the stock market in 30 years?
To do that you will need an investing performance benchmark as road map to guide you ......