Huston55
Thinks s/he gets paid by the post
Darrow Kirkpatrick ("Can I Retire Yet" blog author) has updated his evaluation of retirement calculators in this blog post.
The Best Retirement Calculators - Can I Retire Yet?
As usual, he's done an outstanding job of objectively and systematically evaluating them. He's also included a brief synopsis of each. So, this is a good starting point for those wanting to evaluate and/or test various calculators.
I've used several of them (Fido RIP, ********, FIRECalc, AnalyzeNow & FRP). Some of my thoughts on them are below.
- I'm a Fidelity customer and have all my data there so, I am partial to Fido RIP. It has outstanding ability to load, track and modify detailed expenses with lots of flexibility and, to evaluate "what if" scenarios.
- Like most on this forum, I've used FiRECalc extensively and like it as well. I use it as a check of my Fido RIP results because RIP uses MC and FIRECalc uses historical performance data.
- Recently, I've started using ********. I'm recently semi-FIREd and use a variable withdrawal methodology. I like the ability of ******** to evaluate and compare multiple variable withdrawal methods like (Guyton-Klinger, VPW, AnalyzeNow, etc.)
The Best Retirement Calculators - Can I Retire Yet?
As usual, he's done an outstanding job of objectively and systematically evaluating them. He's also included a brief synopsis of each. So, this is a good starting point for those wanting to evaluate and/or test various calculators.
I've used several of them (Fido RIP, ********, FIRECalc, AnalyzeNow & FRP). Some of my thoughts on them are below.
- I'm a Fidelity customer and have all my data there so, I am partial to Fido RIP. It has outstanding ability to load, track and modify detailed expenses with lots of flexibility and, to evaluate "what if" scenarios.
- Like most on this forum, I've used FiRECalc extensively and like it as well. I use it as a check of my Fido RIP results because RIP uses MC and FIRECalc uses historical performance data.
- Recently, I've started using ********. I'm recently semi-FIREd and use a variable withdrawal methodology. I like the ability of ******** to evaluate and compare multiple variable withdrawal methods like (Guyton-Klinger, VPW, AnalyzeNow, etc.)