It would be very handy for people retiring abroad to have historical exchange rates of their desired retirement currency factored into the calculation.
Perhaps the Spending total on page 1 could allow foreign currencies to be specified. For example, if I need 50,000 Canadian Dollars this year, and the current exchange rate is 1.265, I need only 39,500 USD.
For me, with the majority of my portfolio in USD-based funds, exchange rates are one of my biggest risks. I assume historical USD exchange rate data is available for major currencies.
Perhaps the Spending total on page 1 could allow foreign currencies to be specified. For example, if I need 50,000 Canadian Dollars this year, and the current exchange rate is 1.265, I need only 39,500 USD.
For me, with the majority of my portfolio in USD-based funds, exchange rates are one of my biggest risks. I assume historical USD exchange rate data is available for major currencies.