I've been a regular (obsessive) Firecalc user for several years, but I've justed started looking under the hood since it is giving me 100% readings if my wife and I retire today. I'm trying to figure out what historical data firecalc uses and what cycles. I'll start by saying that I think it is a great tool and I appreciate the time and effort that users have put into it. I've provided donations over the years to show my support.
1) I am 48 and modelling a 42 year period. Firecalc says it is looking at 37 cycles. To me, this does not seem like a good sample size. Elsewhere, the support materials say Firecalc has data from the 1870s, so there should be about 100 42 year cycles. Why so few sample cycles?
2) How recent is Firecalc data? The "multiyear" spreadsheet for my model ends at 1963, which means it only has data through 2005 (1963-2005 being the last 42 year cycle it displays on the spreadsheet).
3) Are the spreadsheet's indicative of the actual firecalc analysis? The single year spreadsheet keeps inflated a pension for which I am not checking the "inflation adjusted" box.
Thanks for any insight! I have looked through old threads and the support materials and can't find answers to these questions.
1) I am 48 and modelling a 42 year period. Firecalc says it is looking at 37 cycles. To me, this does not seem like a good sample size. Elsewhere, the support materials say Firecalc has data from the 1870s, so there should be about 100 42 year cycles. Why so few sample cycles?
2) How recent is Firecalc data? The "multiyear" spreadsheet for my model ends at 1963, which means it only has data through 2005 (1963-2005 being the last 42 year cycle it displays on the spreadsheet).
3) Are the spreadsheet's indicative of the actual firecalc analysis? The single year spreadsheet keeps inflated a pension for which I am not checking the "inflation adjusted" box.
Thanks for any insight! I have looked through old threads and the support materials and can't find answers to these questions.