Re: Novice's Question re FIREcalc
Jake, if you run the default settings for both Standard and Advanced, you get exactly the same success rate: 94.3%.
I'm no expert, but as I understand it the only difference in Standard and Advanced should be the additional options Advanced provides you to input for your individual situation (SS, different investment mixes, etc.). The basic logic "engine" behind both should be the same.
Any possibility you're including something in the Advanced run that isn't accounted for when you run it in Standard?
Numbers is hard
Retired in 2005 at age 58, no pension