Is this really excess funds?
My retirement portolio survives 98% in the McRetire monte carlo analysis using 6% return, 8. standard deviation, 3.75 inflation rate out to age 92. I used a portfolio balance about $200,000 less than what is in there. Using the Firecalc I get 100% survivability, again using $200,000 less than the actual portfolio. Question- given these results can I rely on* the $200,000 as surplus funds not needed for retirement or is that too risky? Knowledgeable comments appreciated.