Where youll be at when you come to retire

[Paul]

I've just been doing some calculations, now i have been at this stacking malarky a while to see where i would be at if i continue to stack at the same rate.  Got to say I am pleasantly surprised

Below is the template i used for my own stacking goals

 

Ive got an hour while on the train here to get my pad & calculator out and see whats, what.

 

Change the bolded figures for your own and see where youll be at 65 if you continue at your same rate

......................................................................................................................................................................................................

 

'Joe Soap' is 37 and has been stacking precious metals since October 2010 up to now January 2015

4years and 3 months =  51 months

 

He is mixed across physical gold he holds, physical silver he holds, and has a online account with goldmoney for allocated bullion

 

His current totals are

a/He has 1222oz PHYSICAL SILVER have been accumulated since October 2010

b/ He has 514g PHYSICAL GOLD have been accumulated since October 2010

c/ He has 1300oz ALLOCATED BULLION have been accumulated since October 2010

 

a/ 1222oz dived by 51 months stacking = 23.97 oz per month x (12) = 288oz per year 

b/ 514g dived by 51 months stacking = 10.07g per month x (12) = 121g per year 

c/ 1300oz dived by 51 months stacking = 25.49oz per month x (12) = 306oz per year 

 

(I have rounded each oz up to the nearest single figure for simplicity)

 

Add these yearly and look at the results of what you get at 65

   

• Physical silver  Physical silver 

Age  1222oz OZ + 288oz added per year

 

37 1222oz + 288oz =  1510oz
38 1510oz + 288oz =  1797oz
39 1797oz + 288oz = 2085oz
40 2085oz + 288oz = 2373oz
41 2373oz + 288oz=  2660oz
42 2660oz + 288oz = 2948oz
43 2948oz + 288oz = 3235oz
44 3235oz + 288oz = 3523oz
45 3523oz + 288oz = 3811oz
46 3811oz + 288oz = 4098oz
47 4098oz + 288oz = 4386oz
48 4386oz + 288oz = 4674oz
49 4674oz + 288oz = 4961oz
50 4961oz + 288oz = 5249oz
51 5249oz + 288oz = 5537oz
52 5537oz + 288oz = 5824oz
53 5824oz + 288oz = 6112oz
54 6112oz + 288oz = 6400oz
55 6400oz + 288oz = 6687oz
56 6687oz + 288oz =  6975oz
57 6975oz + 288oz = 7262oz
58 7262oz + 288oz = 7550oz
59 7550oz + 288oz = 7838oz
60 7838oz + 288oz = 8125oz
61 8125oz + 288oz = 8413oz
62 8413oz + 288oz = 8701oz
63 8701oz + 288oz = 8988oz
64 8988oz + 288oz = 9276oz

 

@ Age 65 9276oz + 288oz 9564oz 

 

 

• Physical Gold Physical Gold

514g Grams 121g added per year
514 + 121g = 634g
634 + 121g = 755g
755 + 121g = 876g
876 + 121g = 997g
997 + 121g = 1118g
1118 + 121g = 1239g
1239 + 121g = 1360g
1360 + 121g = 1480g
1480 + 121g = 1601g
1601 + 121g = 1722g
1722 + 121g = 1843g
1843 + 121g = 1964g
1964 + 121g = 2085g
2085 + 121g = 2205g
2205 + 121g = 2326g
2326 + 121g = 2447g
2447 + 121g = 2568g
2568 + 121g = 2689g
2689 + 121g = 2810g
2810 + 121g = 2930g
2930 + 121g = 3051g
3051 + 121g = 3172g
3172 + 121g = 3293g
3293 + 121g = 3414g
3414 + 121g = 3535g
3535 + 121g = 3655g
3655 + 121g = 3776g
3776 + 121g =  3897g

 

@ Age 65 3897g + 12.1g = 4,018grams of gold

 

• GoldMoney GoldMoney

1300oz OZ added per year
1300 + 306oz = 1606oz
1606 + 306oz = 1912oz
1912 + 306oz = 2218oz
2218 + 306oz = 2524oz
2524 + 306oz = 2829oz
2829 + 306oz = 3135oz
3135+  306oz = 3441oz
3441+  306oz = 3747oz
3747 + 306oz = 4053oz
4053 + 306oz = 4359oz
4359 + 306oz = 4665oz
4665 + 306oz = 4971oz
4971 + 306oz = 5276oz
5276 + 306oz = 5582oz
5582 + 306oz = 5888oz
5888 + 306oz = 6194oz
6194 + 306oz = 6500oz
6500 + 306oz = 6806oz
6806 + 306oz = 7112oz
7112 + 306oz = 7418oz
7418 + 306oz = 7723oz
7723 + 306oz = 8029oz
8029 + 306oz = 8335oz
8335 + 306oz = 8641oz
8641 + 306oz = 8947oz
8947 + 306oz = 9253oz
9253 + 306oz = 9559oz
9559 + 306oz = 9865oz

 

@ Age 65 9865oz +  306oz = 10,171oz of allocated bullion                    

 

The joy of numbers !!

9,564oz of physical silver and just over 4kg of gold 

9500oz would be x19 monster boxes or if lighthouse capsules were 0.50p each it would costs you £4,782 in capsules for them all !

and would weight just under 300kg or a 1/3 of a ton of silver !

 

The figures give food for thought as to what you should do and reevaluating, shows advantages of allocated storage, .   

 

Whilst it is not an ideal set of figures above, children come along marriages and divorces come along, new jobs bring more income, business fails on you the list is endless.

 

To a youngster reading this 

Even a simple case.

Buying a single full sovereign a month from 18 until you retire you would have 

65years -18 = 47 years X 12 months in a year = 564 coins you would have come to retirement.

Current value of a full sovereign @ say £195 =  £109,980 you have got for your retirement by just that one little monthly commitment

 

Feel free to do your own calculations and share where you'll be at yourself 

[Paul]

:)

[Pipers]

Ignore post now not appropriate 

[Paul]

Discuss

[Kman]

It's interesting to contemplate but I think it's very pie in the sky 

 

Who knows what will happen with PM prices over decades, they might rocket up for a few years, they might dip very low for a period; hopefully we will be savvy buying/selling/holding accordingly, but predicting a steady spending & accumulation seems impossible.

[mr-dead]

Not sure what is life is like but factor in buying a house, getting married, kids, gold/silver price variations and that dream target will soon be greatly reduced.

 

Still off to a great start though

[Pipers]

195*12=£2340  

 

Not sure if many 18 year olds could afford that, but buying one every other month maybe thats around £20 a week.

 

Imagine your wife moaning about storing all that silver I bet it would go like this ' we need more space'    

[Paul]

I am sure x19 monster boxes dont take up any more room than the average womans shoe collection.  Just the silver is a little heavier 

[K_theepan]

25 oz of gold a month ? For most of normal people is this just impossible . Lucky if most of us can afford one oz o month

[HighlandTiger]

Great post. Paul. Those monthly figures you show are a little higher than my aims. Although not much. But %age wise very very similar. Like you I think the allocated pms are certainly an important part of saving

[Stretch]

Not sure if I can see myself stacking for so long. I'm just in it at the moment, for a couple of years or so to get a significant stack for my humble means then hopefully forget about stacking for a long while but have a nice bit of sercurity stashed away.

[Danny-boy]

Not sure if I can see myself stacking for so long. I'm just in it at the moment, for a couple of years or so to get a significant stack for my humble means then hopefully forget about stacking for a long while but have a nice bit of sercurity stashed away.

Pretty much the same here, but I doubt I'll stop collecting.

Only time will tell.

[SilverPirate]

I think in some capacity i will always stack,but i think it is depicted by cost. I have bought high and low so over a life time it will even out.When i was a young man i collected sovereigns but they got sold.If i had kept going like the original post i would be sitting pretty right now.

[Keithoil]

I will stack as long as my finances will allow, goals I would like to be at or around 5000 ozs (Currently just shy of 2k), of silver, and a couple of kilos of gold, (currently 24.6 ozs).

 

5000 ozs would be split 2500 for myself and the rest between the two granddaughters.

 

2kg of gold well that is easy its for the wife.

[mr-dead]

When I retire I want to look like this guy -

 

[BaldyBob]

Like Keith, although I don't think I would ever get past 1500 oz of silver ever in my lifetime.

Silver is a bit of insurance, gold is the wealth store.

[HighlandTiger]

Oh Paul, just to screw with your figures a wee bit. If Joe Soap is 37, then I'm afraid he won't be retiring and collecting his pension at 65. Thanks to the new gov rules he will be closer to 68 years old before he can get the bus pass. So three more years of stacking.

[K_theepan]

mr-dead I want to retire like her 

[silversword]

At least she hasn't got a ridiculous moustache.

[mrwebb697]

At the rate the government keeps hiking up the retirement age,i will be around 102 when I manage to retire!!!!

[a_a]

The real punchline is, there won't be anything left when we get there

[Danny-boy]

I'm upping my pension contribution by 1% a year now and have done for a couple of years - I don't seem to miss it when I raise it gradually.

I'm also stacking silver and gold towards my target of 520oz silver and 10oz gold - that gives me 1oz of silver to sell every week for 10 years, and an ounce of gold to cover Christmas for 10 years.

That's my plan anyway, hopefully I'll be able to diversify into other things that will hopefully appreciate in the next 30 years.

[SilverPirate]

I have spent my saved cash on a Santander fixed bond.I just could not make my mind up what to buy from STG.and wanted a bit more diversification.This is my first bond.Something more for the pension pot.