How long will my money last

utrecht

Thinks s/he gets paid by the post
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Nov 25, 2006
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FireCalc will tell me how much I can draw from my portfolio without running out of money.

Can anyone point me to an online calulator that will tell me how long my money will last given a set withdrawal amount and variable rates of return?

Ive done it using excels XiRR function, but I'd like a second opinion.
 
Take a look at:

EasyAllocator.com Main page

If you punch in the numbers in each account, you can add "events" to the simulation and see how it backtests against various start years. It is a great tool!
 
No calculator can tell you how long your money will last and you probably know all this but, The Retirement Calculator from Hell by Dr. William Bernstein is a good read so as not to get carried away with retirement calculators.
 

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