50 /20/30 model is used from say from 40 yrs. When can one retire ?
While tracking the cash flow, do we need to track it on our current spending trend or follow 50/20/30 principle? Is this exercise just to understand the cash flow & then plan later?
Do all 30% savings need to be put into investments? what should be the buckets and how much do we put in each?
Are you saying you have been saving 30 percent for 40 years? If so, you should be fine to retire on the same lifestyle.
Here are a couple of short videos explaining the link between saving ratio and retirement age