So I run Firecalc with $680,000 nest egg, $37,800/year income ($3,150/month income), 37 years of retirement, Social Security income at 62 - $1,370 for me & $1,100 for wife (present value). It came out to 100% I initially started with $720,000 and kept lowering it, until I hit $680,000. Firecalc still says 100%
I know most of you here have a $1mil or more. Well, I don't have kids or nor do I plan to leave money for any relatives - it's just me and wife and live in a low cost southern state. I will surely try to continue to hit that $1 mil mark, but Firecalc says I have enough? Should I trust it 90% or 80% ..
I know most of you here have a $1mil or more. Well, I don't have kids or nor do I plan to leave money for any relatives - it's just me and wife and live in a low cost southern state. I will surely try to continue to hit that $1 mil mark, but Firecalc says I have enough? Should I trust it 90% or 80% ..