Your nest egg, measured against the number it has to reach, compounding at the return
you choose. The year they meet is the year work becomes optional.
The sample household has 51% of its $2.3M number today.
We started this plan in each of the 98 years since 1928 and followed the markets that came next. The money lasted every time.
19282025
Tested since 1928
We start the plan in January of every year since 1928 and follow the markets
that came next: 1929, 1966 and 2008 included. It lasts in all 98 start years.
Start years from 1969 on run out of recorded years before your plan ends, so they finish with the years from 1928, as if history repeated (the paler bars). With recorded years alone (1928–1968), the money lasted in all 41.
Last Chair reads every account and writes the trades that put your mix back on target,
with sales inside IRAs and 401(k)s where they cost nothing. You place them yourself.
Last Chair provides planning tools, not investment advice.
Left alone, the fund fees and the advisor cost $299K by age 60, against low-cost funds and no advisor. Three
swaps cut $1,096 a year, with no tax; the advisor's
$1,466 a year is the rest.
Try it on your own funds: the Fee Finder needs no account.
Index funds, a three-fund portfolio, a mix you hold to: the Bogleheads way.
You keep a spreadsheet
And you would like it easier to keep up and harder to get wrong.
You are planning for financial independence
You want the year you could stop working, tested against history.
Who it isn't for
You want someone to choose for you
If you would rather a person picked your funds, a good advisor is the better fit.
You need tax, estate or insurance advice
Last Chair is planning tools, not advice. For those, see a professional.
An advisor who charges on assets
about 1%of what you invest, each year
A flat-fee planner
about $4,500–$7,000a year, on retainer
Last Chair
$99a year, for the household
0.85% of $2M is $17,000 a year. A good advisor can be worth that, and more. If you already choose your own funds,
you may only need the tools. Why Last Chair
Last Chair provides planning tools, not investment advice.
One plan. A flat fee.
One membership
$99/ year
For the whole household. Cancel any time. Have a code? Enter it at checkout.
Renews yearly at $99 until you cancel. Full refund within 30 days of your first payment. Setting up and seeing your year is free. Membership opens the full statement, the trades and the plan.
The trades that put your mix back on target, account by account, with the tax of each
Fund swaps, fund by fund, into cheaper equivalents
The year work becomes optional, when you could stop saving, and what-ifs
Every account on one page, with a printable statement
Monthly check-in reminders
Both of you on one plan, one sign-in
Not ready? Try the Fee Finder first. It needs no
account.