Vincenzo Corleone
Full time employment: Posting here.
- Joined
- Jul 20, 2005
- Messages
- 617
DW and I will have no heirs when we decide to check out. Every time I use FIRECalc, I look for a 100% success rate. Of course, we would hate to run out of money before we go. But we'd also hate to leave a lot of money on the table, and I would think aiming for a 100% success rate increases that possibility.
Knowing there are no guarantees either way, I was wondering if those of you who are in the same situation (no heirs) would feel OK with a FIRECalc success rate < 100%, and if so, what would be the minimum success rate you'd be comfortable with?
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[Edit]
Rephrasing my question as I think I see the fallacy in my thoughts about success rate:
For those of you who are OK with a < 100% success rate, what is the minimum you're OK with (regardless of how much money you might end up leaving on the table)? I'm sure there's a poll that exists but I couldn't find it.
Knowing there are no guarantees either way, I was wondering if those of you who are in the same situation (no heirs) would feel OK with a FIRECalc success rate < 100%, and if so, what would be the minimum success rate you'd be comfortable with?
------------------------------------
[Edit]
Rephrasing my question as I think I see the fallacy in my thoughts about success rate:
For those of you who are OK with a < 100% success rate, what is the minimum you're OK with (regardless of how much money you might end up leaving on the table)? I'm sure there's a poll that exists but I couldn't find it.
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