Again thanks for all the responses
Since adding SS to the FIREcalc was suggested a few times, thought we would add a rough estimate.
Using the amount we have in our portfolio today, it now shows 95% success.
Future vehicle replacement is something that we haven't put anything aside for, we were simply adding what we considered a reasonable car payment would be into our investments each month. Always thought that when the time came we would just sell some funds to pay for it. Not sure what is the best way to factor future replacement into the mix?
We added 2 future withdraws to FIREcalc using todays portfolio value, with a purchase amount larger than we hope to pay, just to be on the safe side, and it drops the SS figure from 95% down to 90%, and non SS figure from 87% down to 77%.
Since adding SS to the FIREcalc was suggested a few times, thought we would add a rough estimate.
Using the amount we have in our portfolio today, it now shows 95% success.
Future vehicle replacement is something that we haven't put anything aside for, we were simply adding what we considered a reasonable car payment would be into our investments each month. Always thought that when the time came we would just sell some funds to pay for it. Not sure what is the best way to factor future replacement into the mix?
We added 2 future withdraws to FIREcalc using todays portfolio value, with a purchase amount larger than we hope to pay, just to be on the safe side, and it drops the SS figure from 95% down to 90%, and non SS figure from 87% down to 77%.