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FireCalc question
Old 06-26-2005, 10:41 AM   #1
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FireCalc question


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.



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Re: FireCalc question
Old 06-26-2005, 05:21 PM   #2 Founder
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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.

Often uninformed, seldom undecided.

Twenty years from now you will be more disappointed by the things you didn't do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover. Mark Twain
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