Hopeful
Recycles dryer sheets
- Joined
- Aug 6, 2013
- Messages
- 212
I was recently playing with the Fidelity RIP calculator, and trying to understand the score that it generates. My score was 113 with retiring next year. Obviously the higher the score the better, but does this number correspond to a percent success rate?
The output also gave these figures for assets at the end of the plan in todays dollars:
Significantly below average returns: 2.6 mil
Below average returns: 5.7 mil
Average returns: 15 mil
If I am reading these numbers correctly we should be giving serious consideration to retiring now since we have no heirs. What are peoples thoughts on the Fidelity RIP tool? Too optimistic?
Thanks
The output also gave these figures for assets at the end of the plan in todays dollars:
Significantly below average returns: 2.6 mil
Below average returns: 5.7 mil
Average returns: 15 mil
If I am reading these numbers correctly we should be giving serious consideration to retiring now since we have no heirs. What are peoples thoughts on the Fidelity RIP tool? Too optimistic?
Thanks