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Cfiresim question
Old 12-03-2014, 07:24 PM   #1
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Cfiresim question

I have been meaning to ask this for a while (It would be great if you could direct me to a thread if this has already been discussed.)

Does Cfiresim give after tax calculation like FIDO RIP? The number I get with it is closer to FIDO RIP (which is after tax number is my understanding) than before tax VG Planner or Firecalc...

Thanks..
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Old 12-03-2014, 07:43 PM   #2
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Isn't there a forum associated with that calculator where you can ask that question?
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Old 12-03-2014, 07:46 PM   #3
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I don't know... there might be one yes, but since I got to know about this SW by reading threads on this forum and since there is so much expertise here, I thought I'd ask here, just like I learned about FIDO RIP and VG planner here and asked for details here.
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Old 12-03-2014, 08:24 PM   #4
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Many - including me - view the calculator as an unauthorized rip-off of FIRECalc. As a result, I'm not willing to provide support by answering Cfire questions. Sorry.
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Old 12-03-2014, 08:38 PM   #5
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If you Google cfiresim it will take you directly to the site that provides support.
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Old 12-04-2014, 01:01 AM   #6
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Quote:
Originally Posted by REWahoo View Post
Many - including me - view the calculator as an unauthorized rip-off of FIRECalc. As a result, I'm not willing to provide support by answering Cfire questions. Sorry.
Got it. Didn't realize the background of this.
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Old 12-04-2014, 08:10 AM   #7
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Cfiresim doesn't take taxes into consideration. Your withdrawal would need to include the amount needed for taxes.
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Old 12-05-2014, 11:05 PM   #8
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I found out that the taxes are better figured separately using turbo tax or something such. Too many things like ACA or Roth conversions to think about. I did a spreadsheet for all taxes as best I could and then just called that an expense. I think also by going thru that exercise I learned a lot about the benefit of Roth conversions etc.


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Old 12-06-2014, 06:37 AM   #9
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Here's the link to the cFIREsim calculator. The forum and blog links are at the top of the page.

Crowdsourced Financial Independence and Early Retirement Simulator/Calculator

I like this calculator for comparing different "varying" withdrawal methods.
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Old 12-06-2014, 11:39 AM   #10
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Quote:
Originally Posted by Huston55 View Post
Here's the link to the cFIREsim calculator. The forum and blog links are at the top of the page.

Crowdsourced Financial Independence and Early Retirement Simulator/Calculator

I like this calculator for comparing different "varying" withdrawal methods.
If you make a donation to support FIRECalc you can vary your expenses and income annually.
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