Portal Forums Links Register FAQ Community Calendar Log in

Join Early Retirement Today
Reply
 
Thread Tools Display Modes
Can you see total spending ranges?
Old 04-03-2013, 08:25 PM   #1
Thinks s/he gets paid by the post
David1961's Avatar
 
Join Date: Jul 2007
Posts: 1,085
Can you see total spending ranges?

If I use "CPI" as the method to calculate inflation, is there any way I can see the ranges for just the total amount of spending for the entire retirement period? For example, if I enter a 30 year retirement, with an initial spending amount of $40 k, can I see the ranges of total amount spent during the 30 year retirement period? It would be great to see the total spending for each of the 30 year scenarios. I'm sure the data is in there somewhere and I may have to export to Excel and do some number crunching. Thanks.
David1961 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 Early-Retirement.org 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!

Old 04-03-2013, 08:37 PM   #2
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,022
Quote:
Originally Posted by David1961 View Post
If I use "CPI" as the method to calculate inflation, is there any way I can see the ranges for just the total amount of spending for the entire retirement period? For example, if I enter a 30 year retirement, with an initial spending amount of $40 k, can I see the ranges of total amount spent during the 30 year retirement period? It would be great to see the total spending for each of the 30 year scenarios. I'm sure the data is in there somewhere and I may have to export to Excel and do some number crunching. Thanks.
I do not recall this ever being discussed when Dory36 was still around. As you say, "the data is in there somewhere" but I'm not aware of any way to see it.
__________________
Numbers is hard
REWahoo is offline   Reply With Quote
Old 04-03-2013, 10:15 PM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Sep 2005
Location: Northern IL
Posts: 26,899
You could try this - enter $100 (or your $40,000 - I just used $100 as a basis) and ZERO portfolio/pension, etc. It seems to me that would show just the spending ranges for various 30 year CPI cycles. But I'm tired and ready for bed, so I may be way off. Play with it and see if it makes sense. You might get this from the spreadsheet, but I haven't looked. Here's a pic:

-ERD50
Attached Images
File Type: png $100-spend-CPI.png (48.2 KB, 9 views)
ERD50 is offline   Reply With Quote
Reply


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

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


» Quick Links

 
All times are GMT -6. The time now is 09:45 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2024, vBulletin Solutions, Inc.