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FireCalc question
Old 06-26-2005, 11:41 AM   #1
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FireCalc question

dory36,

I have a question about FireCalc, just want to be sure I'm doing it right.

For the first 5 years, I want to withdraw a small amount, say 15k, not adjusted for inflation. I will be working part time and can make up the difference. In year 6, I will begin an inflation adjusted withdrawal of say 30k.

In the first entry place, I entered an initial withdrawal of 0 because it is inflation adjusted and I don't want that.

In Withdrawal Change 1, I put 15k starting in year 1, and did not check the box for inflation adjusted dollars.

in Withdrawal Change 2, I put -15k starting in year 6, and no inflation adjusted dollars.

In Withdrawal Change 3, I put 30k starting in year 6, using inflation adjusted dollars.

Did I do it right? I like the results, so I wanted to be sure! My main concern is making sure I can begin with the 15k in year one, and that the program didn't use 0.

Thanks!

kate
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Re: FireCalc question
Old 06-26-2005, 06:21 PM   #2
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Re: FireCalc question

That looks right. Also, select details results, and look through the early results for several series and see if it seems to make sense.

Dory36
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