Startup mentor, IT marketer, and Chief Growth Officer at miltech company Dwarf Engineering, Maksym Zubenko, launched the Mattress Capital service, designed to calculate the amount of money that needs to be invested monthly for a comfortable retirement.
Startup mentor, IT marketer, and Chief Growth Officer at miltech company Dwarf Engineering, Maksym Zubenko, launched the Mattress Capital service, designed to calculate the amount of money that needs to be invested monthly for a comfortable retirement.
Zubenko wrote about this on his LinkedIn page.
According to Zubenko, one of the service’s tasks is to «emphasize that it is easier to do something as a backdrop for your old age than to do nothing.»
The service prompts the user to enter basic information on the basis of which it performs calculations — current age, potential retirement age, the amount of the desired pension, its duration, and the amount of existing savings, if any.
The service also offers the opportunity to choose three investment portfolio options — «conservative», «balanced» or «growth», depending on how many years are left until retirement.
The Mattress Capital calculator offers a portfolio, not a single instrument, because diversification «reduces risk without significantly reducing returns.»
«If one instrument temporarily sags, others will compensate for the losses. A portfolio of government bonds + NPF + S&P 500 combines the stability of government bonds, the tax advantages of NPFs, and the growth potential of stocks,» the service’s website states.
The service also calculates how much you would have to save if you invested in only one instrument, showing the «overpayment».
So, at the age of 40 and a desired pension of $1,000, which should arrive at age 60 and last for 25 years, according to the service’s calculations, you need to save and invest $424 each month.
Previously, as dev.ua wrote, Maksym Zubenko created the service «Baluvana Valya», which compares the user’s resume with the desired vacancy.
