Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Is FIRECalc too optimistic?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]500k a year in retirement is an insane number.[/quote] +1 Firecalc supposedly says that OP is good to go if she spends less than 500k/yr, but realistically should only be spending around 150k (before taxes) from her investments. Whoa, big difference![/quote] OP said along the way that they would be adding to their investments at a rate of 200K/year. In addition to not touching the principal and growth, they easily could be at 8mm in 5 years. A withdrawal rate of 4% + SSI + 50K pension could get them over 400K/year. And OP chose a spending model that adjusts over time vs constant spending power. So you conceivably could take out 5% initially and still have plenty of money to continue to grow. With any of these models you have to play around with them to see what you might be missing that would make them overly optimistic. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics