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I am befuddled. I decided to take advantage of Firecalc, since everyone is so positive on it. I didn't want to do anything very fancy, get get to know the tool so to speak. I used the advanced form, and entered the following conditions and constraints:
Starting Porfolio* * * * * * * * * *$2,000,000
Starting Withdrawal* * * * * * * * *$50,000
75/25 equity/5yr T Notes
35 Year Duration
Minimum Interim Value* * * * *$1,000,000
% Success 0.0%
Now i submit tha tthere are many ways that a guy with $2,000,000 who wants to withdraw $50,000 a year can do it with very close to 100% success. One of them is to buy US Treasury TIPS at 2.5% real- a level at which they are flirting at present.
So have I done something wrong, or is the psychology of most of the folks who post here and accept the total return approach to retirement investing just very different from my own?
HA
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Above all, humans are political animals.
Nota bene: I am either a moron or an idiot. So don't pay any attention to anything I say or you are one too. Please consult your financial advisor, astrologer or proctologist for whatever it may be that you are seeking.
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