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FireCalc End Date Input?
Old 02-07-2018, 05:07 AM   #1
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FireCalc End Date Input?

Just a quickie.
I'm trying to set an end date for withdrawals on Firecalc. My assumption (false?) is that it gives you a 30 year horizon.

IOW, I'd like to see how much of a spending rate from a portfolio would last for 10, 15 and 20 years and end there. "If I died in exactly 10 years how much can I spend" etc.

Naturally, I'd run three scenarios, one for each year but I can't seem to find a way to limit the run to 10 years etc.

What I'm trying to do is figure my disabled brother's LTC/Assisted Living envelope for his portfolio should his needs increase over time.
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Old 02-07-2018, 05:11 AM   #2
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Maybe I’m not understanding the question. On the main page, where it says”start here” you input the posrtfolio value, annual spending, and number of years. Just enter “10” for years.
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Old 02-07-2018, 05:15 AM   #3
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You can set an end date by the number of years you input in the "Start Here" box on the first page. On the Investigate tab, select the "spending level" button near the bottom. The combination of those two should give you the outputs you are looking for.
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Old 02-07-2018, 05:17 AM   #4
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Quote:
Originally Posted by MichaelB View Post
Maybe I’m not understanding the question.
Maybe I'm just an idiot! Sorry. Need more coffee.

I see that Start page often enough that I looked right through the input question.
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