Varied parameter
Saving rate
5% → 25%
Saving Rate Comparison
Retail worker in Cluj-Napoca · The steady builder
This page compares financial outcomes for a Retail worker living in Cluj-Napoca, Romania, following the The steady builder life scenario.
A balanced financial life built on predictable income growth, consistent saving, and long-term market participation. Progress comes from patience, stability, and compounding over time.
Cluj-Napoca combines strong tech opportunities with a high quality of life.
The comparison focuses on how changing the Saving rate influences long-term results, while all other assumptions remain constant.
Simulation Overview
Base scenario assumptions
- The simulation starts at age 30 and runs until age 65.
- The initial annual labor income is €6,930.
- Labor income grows annually at an average rate of 2%.
- A labor income tax rate of 10% is applied to gross earnings.
- The saving rate varies between 5% and 25%.
- Minimum annual living expenses are €10,350.
- Savings are invested with stochastic annual returns.
- The average annual return is 5%, with year-to-year variability.
- All values are expressed in real terms, assuming average annual inflation of 3%.
- The simulation includes stochastic life events such as unemployment, and health issue.
- These events may temporarily affect income, expenses, or net worth.
- Financial independence is defined as having net worth equal to 25 times annual expenses.
- Bankruptcy is triggered if net worth remains below €0 for 2 consecutive years.
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Scenario Comparison
Results are shown as a realistic range. P10 represents a pessimistic outcome, while P90 represents an optimistic outcome. Most simulations fall between these two values.
| Scenario | Median Net Worth | P10 Net Worth | P90 Net Worth | FI Probability | FI Median Age |
|---|---|---|---|---|---|
| 5% | -66,809 | -75,660 | -59,252 | 0% | — |
| 10% | -63,893 | -73,006 | -56,323 | 0% | — |
| 15% | -62,597 | -71,767 | -55,022 | 0% | — |
| 20% | -62,553 | -71,723 | -54,978 | 0% | — |
| 25% | -62,553 | -71,723 | -54,978 | 0% | — |
How Your Financial Life Evolves
These charts show how each scenario affects long-term outcomes, including expected wealth, downside risk, and the likelihood of achieving financial independence.
Net Worth Median
Net Worth Range
Fi Probability
