So I ran my numbers on FIREcalc and this is what they come up with:
Here is how your portfolio would have fared in each of the 115 cycles. The lowest and highest portfolio balance at the end of your retirement was $180,142 to $4,712,394, with an average at the end of $1,785,873. (Note: this is looking at all the possible periods; values are in terms of the dollars as of the beginning of the retirement period for each cycle.)
For our purposes, failure means the portfolio was depleted before the end of the 30 years. FIRECalc found that 0 cycles failed, for a success rate of 100.0%.
I used 30 years (I'm 59). I didn't enter any future SS income, so I'm thinking I'm looking pretty good?
I haven't retired yet, looking possibly at next year, when I turn 60.
I haven't read that much on FIREcalc, so does it use a certain investment %, ie 60-40 stocks/bonds?
Here is how your portfolio would have fared in each of the 115 cycles. The lowest and highest portfolio balance at the end of your retirement was $180,142 to $4,712,394, with an average at the end of $1,785,873. (Note: this is looking at all the possible periods; values are in terms of the dollars as of the beginning of the retirement period for each cycle.)
For our purposes, failure means the portfolio was depleted before the end of the 30 years. FIRECalc found that 0 cycles failed, for a success rate of 100.0%.
I used 30 years (I'm 59). I didn't enter any future SS income, so I'm thinking I'm looking pretty good?
I haven't retired yet, looking possibly at next year, when I turn 60.
I haven't read that much on FIREcalc, so does it use a certain investment %, ie 60-40 stocks/bonds?