Re: The Optimal Retirement Planner: Question
I-ORP is a great retirement planner. *Sometimes one must adjust the inputs a little to get the result desired; *ORP has two places for inputting "Annual Pensions and other income, adjusted for inflation" and two others for "Annual Pension and other income, not adjusted for inflation". *The two values are meant to handle the retiree and a spouse but in your case you would, perhaps, want to enter an inflation-adjusted FERS pension amount at 54 under the retiree column and the inflation-adjusted Military pension amount at 60 under the spouse column. *
We use I-ORP as a great withdrawal suggestion tool. We have two inflation adjusted pensions and a fixed pension.
Dad's Dream; to have enough money someday to live the kind of life my wife and kids do...
Life is what happens while you are making other plans... John Lennon...
the more you look, the more you see...