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09-20-2011, 05:58 PM
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#21
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Recycles dryer sheets
Join Date: Feb 2010
Posts: 124
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My spreadsheet goes out to the mid-nineties.
So, I guess thats my planning horizon.
However, my money may only go out to age 86 or so- depending on the spreadsheet assumptions.
In firecalc my probablitiy of success goes below 90% in the late eighties.
I figure by the time I run out of money I wont be aware of it. Perfect. Ha
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09-20-2011, 06:15 PM
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#22
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Thinks s/he gets paid by the post
Join Date: Jan 2007
Location: Silicon Valley
Posts: 1,812
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WE've planned to 100.
I am not expecting to make it that far, I have a family history of early departures from this life, so if I make it to 70 I would have outlived both my parents and 3/4 of my grandparents.
DH on the other hand, based on family history should expect to make his 90s and if not go beyond that point.
My greatest concern for him is that if I go first some floozy is going to get her hooks into him and strip him of his money. I keep telling him I will be haunting him if that happens.
__________________
I be a girl, he's a boy. Think I maybe FIRED since July 08. Mid 40s, no kidlets. Actually am totally clueless as to what is going on with DH.
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09-20-2011, 06:29 PM
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#23
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Thinks s/he gets paid by the post
Join Date: Sep 2010
Location: midwestern city
Posts: 4,061
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My planning horizon is 95.
__________________
Very conservative with investments. Not ER'd yet, 48 years old. Please do not take anything I write or imply as legal, financial or medical advice directed to you. Contact your own financial advisor, healthcare provider, or attorney for financial, medical and legal advice.
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09-20-2011, 06:41 PM
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#24
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2006
Location: west coast, hi there!
Posts: 8,809
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 Quote:
Originally Posted by DangerMouse
WE've planned to 100.
I am not expecting to make it that far, I have a family history of early departures from this life, so if I make it to 70 I would have outlived both my parents and 3/4 of my grandparents.
DH on the other hand, based on family history should expect to make his 90s and if not go beyond that point.
My greatest concern for him is that if I go first some floozy is going to get her hooks into him and strip him of his money. I keep telling him I will be haunting him if that happens.
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I'm perhaps in a similar genetic state. Both my parents just got to their late 60's. But there might have been environmental factors that affected their health and would not be a model for me. I had an uncle that got to 83 and he didn't have the best habits although I really loved him.
Regarding your DH, maybe you should train him now to go after those rich floozies. 
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09-21-2011, 07:45 AM
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#25
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Thinks s/he gets paid by the post
Join Date: Mar 2007
Location: Nebraska
Posts: 1,543
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I tend to just use 30 years every time I run FireCalc no matter what my age is. As long as I get close to 100%, I feel pretty confident along with a tinge of anxiety. 
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09-21-2011, 07:48 AM
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#26
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gone traveling
Join Date: Apr 2009
Location: Eastern PA
Posts: 3,851
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But, but, I understand that you are already in your 80's  ...
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09-21-2011, 07:50 AM
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#27
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gone traveling
Join Date: Apr 2009
Location: Eastern PA
Posts: 3,851
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Quote:
Originally Posted by Nords
The worst case would be outliving your money, right?
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Like I've posted (more than once  ), it's better to die with money than live without it...
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09-21-2011, 07:52 AM
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#28
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Administrator
Join Date: Jan 2008
Location: Chicagoland
Posts: 40,725
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My plans says 1) We're both going to live forever and 2) The portfolio will never run short. Now, I know my plans are always "hit some miss some", so I figure if I get half right we'll be fine.
In the meantime I try to plan the finances for the next 5 years. Beyond that there's just too much than can happen.
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09-21-2011, 07:56 AM
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#29
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Thinks s/he gets paid by the post
Join Date: Mar 2007
Location: Nebraska
Posts: 1,543
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09-21-2011, 08:26 AM
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#30
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Thinks s/he gets paid by the post
Join Date: May 2011
Location: South Eastern USA
Posts: 1,068
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My planning goes out until I am 86 on the detailed spreadsheet. At that point DW will be only 62 and the plan leaves her in good shape for the rest of her lifetime. I f I exceed age 86, even better.
All of my grandparents and mother died in their early 70's. My father turns 82 in a few weeks. He was telling me that he has to get cataract surgery because of the glare when he drives at night. I attribute his longevity to his life-long w*rk avoidance. I shifted to that plan earlier this year so maybe I can get some benefit from not w*rking. 
I hope my longevity is closer to his than the others!
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