SecondCor521
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Hi all,
I'd been wondering about something, and this post on another thread prompted me to start this thread:
http://www.early-retirement.org/forums/f28/firecalc-success-rate-and-re-97278.html#post2222578
The question is what kind of adjustments do you make when doing a run in FIREcalc?
"Optimistic" adjustments would be things like: accepting less than 100% because we won't have another Depression, counting on your budget coming in below what you're currently spending, planning on an inheritance, that sort of thing.
"Pessimistic" adjustments would be things like: Being over age 50 and planning on zero Social Security, ignoring certain assets that reasonably could be included in your FIRE stash, saving to more than 100% SWR.
For purposes of the poll, please answer only for the runs on which you base real-life decisions, like when to retire or how much to withdraw in a year. Don't include the runs where you're just curious about something.
I'm sure a lot of us do the latter. Some of us probably do the former. I think some of us do both.
Thanks!
I'd been wondering about something, and this post on another thread prompted me to start this thread:
http://www.early-retirement.org/forums/f28/firecalc-success-rate-and-re-97278.html#post2222578
The question is what kind of adjustments do you make when doing a run in FIREcalc?
"Optimistic" adjustments would be things like: accepting less than 100% because we won't have another Depression, counting on your budget coming in below what you're currently spending, planning on an inheritance, that sort of thing.
"Pessimistic" adjustments would be things like: Being over age 50 and planning on zero Social Security, ignoring certain assets that reasonably could be included in your FIRE stash, saving to more than 100% SWR.
For purposes of the poll, please answer only for the runs on which you base real-life decisions, like when to retire or how much to withdraw in a year. Don't include the runs where you're just curious about something.
I'm sure a lot of us do the latter. Some of us probably do the former. I think some of us do both.
Thanks!