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    Tools to balance the fight between health care costs and bankruptcy?

    Background: Elderly father has Alzheimers/vascular dementia and is moved into a care facility who's business plan is to bankrupt their residents in exchange for care. In order to qualify for entry, one has to demonstrate sufficient net worth to overcome their internal hurdle (we don't know...
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    Basic question

    Simple question on inputs - i'm 47 and have a current retirement portfolio of 1.15 MM USD. On the front page where it asks for spending, portfolio value, and years - do i enter my estimated spending needs at retirement (in todays dollars), my CURRENT portfolio valuation of 1.15MM USD, and for...
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    2nd set of eyes - how do these #'s look to you?

    Topic Title: Looking to retire early, always helpful to have a second (3rd, 4th..) set of eyes on the data to see if i’m thinking straight or not 8-) Life Situation: Married filing jointly, i’m 46, DW is 44 (and plans to work forever). One child in college (full ride scholarship). US citizen...
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    Looking for a sense check on my math..

    Married (ages 41/39), 1 child, both parents work with a combined salary of $200k/year. Net worth $1 mm USD. Current 401k value of $600k, eligible for $1500/mo of pension at age 65. Child's education is paid for, have $200k left on a $500k home. $90k cash on hand. Considering going to a...
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    Clarification

    Main page of firecalc asks for 3 things: Spending: Portfolio: Years: Does Portfolio mean the value of the portfolio NOW, or the anticipated value at the point of retirement? Ie, if the total portfolio now is 500,000, but i don't plan on drawing on it for 25 years, at which point the projected...
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    Hopeful!

    What a great resource i've found (i'm sure i'm not telling anyone here anything they don't already know!) Here's my scenario: 40 years old, married. Current household income is about $220k, with retirement savings of $500k, and are debt free (house paid off). Total net worth approximately...
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