Yes, fixed off chart spending starting immediately offset by a pension of equal amount starting when the mortgage ends.
By including your mortgage payment in spending it never ends and is inflated each year... which is inconsistent with how the mortgage payment outflows work.
Or alternatively, omit your mortgage payments from your spending and reduce your assets by your mortgage balance... as if you paid it off just before retiring... this shortcut works better when you don't have many years of mortgage payments left or your mortgage isn't that significant in relation to your assets.
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If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
Retired Jan 2012 at age 56
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