FIRECALC For Dummies

[Tommy_Dolitte]

Is there a tutorial on how the calculations are arrived?
I'd like to read up on the program.

I hesistate to ask my question (since I don't know my Soc Sec info, except if I were disabled, I'd get $1,800/mon)...but here goes... :-/

What are some realistic inputs that get you to that 75% success level---is there a table that shows different inputs?

Sorry for all of the "optimization" type questions...

TD

GO AUBURN!!   : )  

 

[sgeeeee]

Tommy,

Check out intrcst's discussion of this research as a starting point.  He includes lots of links to more detailed data.

http://www.retireearlyhomepage.com/restud1.html



added: The link above actually describes intrcst's Safe Withdrawal Calculator instead FIRECALC, but the two programs use the same historical data in a nearly identical way to achieve their results. They have different I/O features, but the main calculation engine as well as the assumptions are identical.

 

[Tommy_Dolitte]

Thanks!