Jeff Brown's favorite financial calculator: FIRECalc

[Nords]

Stand by, Dory, here comes another crowd!

http://www.philly.com/mld/inquirer/business/16776364.htm?template=contentModules/printstory.jsp

 

[Spanky]

I use both T.Rowe Price and FIRE calculators using the same set of data/info. I wanted a 99% confidence level. T. Rowe Price's calculator says that it is attainable with a 60/40 (Stock/Fixed income) portfolio but it is achievable with a 40/60 mix. FIRECalc, in contrary, indicates a higher rate of success as the equity portion of the portfolio increases. I think FIRECalc is more credible.

 

[dory36]

THAT explains it!

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