I plan on selling the house in approximately 10yrs when my youngest enters college.
IIRC, FIRECalc offers the option to add a lump sum to your portfolio at a future date.
Or, what I would do (assumes you can deal with ups and downs in spending each year): I'd use the "percent of year end balance" method rather than the "fixed dollar amount increased for inflation" withdrawal method. Do two runs: Now until 2026 (a ten year run, when you'll sell the house), and a XX year run for the rest of your retirement.
I'd start with the
second period (XX years from 2026 until I die): Figure out (based on my input for assets owned) how much I'd need in the portfolio to give me a 95% success rate starting with 100K withdrawals (in this withdrawal method, "success" means you have as much at the end as when you started, so it is pretty conservative.) The starting investment amount in this case would include the difference between the present house and the new one, plus my pre-existing liquid assets.
Then do another run to model the first ten years. With the "total portfolio needed" from the step above, subtract out the house value, put that in as the starting amount, and do a new run from today through 2026 (a ten year run). I'd look to see if that starting amount was enough to produce $100K in spending in 95+% of cases. If not, I'd see how much I'd need to reach that 95% mark. Again, with this withdrawal method in FIRECalc, "failure" just means that the balance at the end of 10 years was less (inflation adjusted) than what you started with.
In theory, this is a very conservative approach: There's a 95% chance (historically) that in ten years when you sell your house you'll have more than what you started with (see the FIRECalc report--on average you might have
much more than what you started with). And then you'll have a 95% chance of going the distance without spending down from that original (probably lower than life) level. But there are some strong signs that stock and bond returns for the next 10 years may be significantly below historical averages, so I think a conservative approach is warranted.
Good luck.