Originally Posted by kyounge1956
What about this option on the My Portfolio tab
Isn't this a form of Monte Carlo simulation? Or if not, how does it differ?
Ahh, indeed it does - I never even noticed that, thanks for pointing it out. But like REWahoo
just said, I really have no interest in it, and that's probably why I overlooked it. I should have said the defaults
of FIRECALC are not Monte Carlo.
I also agree with what samclem
just posted about other country data. But now I'm just imagining taking the worst data across the worst time period of the worst of any/all industrial countries... It makes sense, but I think I just hit my limit on the logic/emotional scale! If I did that, I'd probably never
retire! I'm officially sticking my head in the sand - I can't hear you! I'm happy, don't confuse me with the facts!
More seriously, I guess in that case, and the case where our future is worse than any past FIRECALC scenario, I'll resign myself with the fact that we are all gonna be in a bad way, but conservative estimates for WR will still put us ahead of most of the pack. 'Success' is all kind of relative anyhow. Unless we turn to an ammo/MRE economy - then I'm screwed. Oh well, it's been a fun ride up till now!