How correct are asset funding calculators? : eupersonalfinance

by akoloy

Hello all and thanks for answering my query. I wish to understand how correct are these asset funding calculators that one can discover with a google search. Here is an instance:

According to this calculator in the event you put 10K in one thing that has round 12% return fee which is what the VOO has returned up to now 10 years and you add one other 1000K for these 10 years in the long run interval you’d have 50K. Is this correct? What device do you employ to calculate your future returns and stuff like that? Can these items be trusted? Yeah, I know that future returns won’t be 12% from 2020 to 2030. Just need to understand how good are these items.

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