Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Rental Income in FIREcalc
Old 02-10-2012, 11:50 AM   #1
Recycles dryer sheets
 
Join Date: Apr 2011
Location: Castro Valley
Posts: 400
Rental Income in FIREcalc

Is there a trick to entering rental income and then removing it after 20 years? Maybe use the Pension section for th eincome, but then it doesn't allow for an end date.
__________________

__________________
jkern 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 02-10-2012, 12:04 PM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Midpack's Avatar
 
Join Date: Jan 2008
Location: Chicagoland
Posts: 11,959
I don't know if it will work, but I entered a positive "pension" (ie, rental income) starting in 2015 and a second equivalent negative pension "starting" in 2017 and FIRECALC seems to have accepted the entry. Don't know if that will handle your interim rental income or not, but something to try. You can also enter a lump sum to sell your rental income property and what year in Portfolio Changes - as you probably already know. Good luck...
__________________

__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 60% equity funds / 35% bond funds / 5% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
Midpack is offline   Reply With Quote
Old 02-10-2012, 12:27 PM   #3
Recycles dryer sheets
 
Join Date: Apr 2011
Location: Castro Valley
Posts: 400
Thanks Midpack. I actually tried the negative pension and I didn't see it take. Maybe I missed something and will try again.
__________________
jkern is offline   Reply With Quote
Old 02-10-2012, 01:38 PM   #4
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,068
You should be able to enter the rental income as a pension, then enter an offsetting "off chart spending amount" beginning in 20 years to cancel it out.
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Reply


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

Advanced Search
Display Modes

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


Similar Threads
Thread Thread Starter Forum Replies Last Post
39 yr old hoping to rely on rental real estate for ER income sunsnow Hi, I am... 20 11-17-2011 06:31 AM
GAO Report on Retirement Income Purron FIRE and Money 5 07-17-2011 03:27 PM
What percent of my income should I be saving in order to FIRE? nico08 FIRE and Money 23 07-06-2011 12:03 PM

 

 
All times are GMT -6. The time now is 12:11 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.