Join Early Retirement Today
Thread Tools Search this Thread Display Modes
help with FIREcalc
Old 02-23-2006, 05:52 PM   #1
Dryer sheet wannabe
Join Date: Mar 2004
Posts: 24
help with FIREcalc


I have many questions with the FIREcalc, hope you guru's will explain to this beginner.

1. Asking for starting value of portfolio.* Is this what my balance is now, or what it is projected to be in 15 years whan I retire?

2. Is it true that the withdrawl rate that is displayed in the results is based on what you select in box 1 (how much do you want), and does not take into account a reduction for say a pension you indicate in withdrawl rate 1?
For example if I put in $850,000 as balance, with taking $100,000 a year out, but also drawing a $100,000 pension and two $10,000 SS for self and spouse. The results show a forst year withdrawl of over 11.00%.


zbwmy is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: help with FIREcalc
Old 02-23-2006, 07:12 PM   #2
Thinks s/he gets paid by the post
retire@40's Avatar
Join Date: Feb 2004
Posts: 2,669
Re: help with FIREcalc

Originally Posted by zbwmy

1. Asking for starting value of portfolio.* Is this what my balance is now, or what it is projected to be in 15 years whan I retire?
It is the balance as of the point you wish to retire.
No man is free who is not master of himself. --- Epictetus
Enjoy Yourself (It's Later Than You Think). --- Guy Lombardo
retire@40 is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Firecalc slays a strawman, deceives many hankjoy FIRE and Money 46 11-30-2010 03:14 PM
Handling pensions and SS in Firecalc SecondCor521 FIRE and Money 5 04-19-2007 11:21 AM
FIRECalc data dumps or saved runs for referencing during posts? Nords FIRECalc support 6 01-25-2007 06:09 AM
dory36: old vs. new firecalc results? halo FIRECalc support 31 05-29-2006 09:31 PM


All times are GMT -6. The time now is 03:39 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.