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Well yes, but then the existence of numerous free tools of comparable complexity would seem to answer that question (eg I-ORP and FIRECalc to name a couple).

Interesting (if not rather surprising) that there are no tools to do this. So it looks like we are all left to our own devices. I guess I need to try putting my own spreadsheet together then! :blush:

Yes, that makes perfect sense.

Ah, are you referring to this? https://www.schwab.com/automated-investing/retirement-income That's sort of the thing I mean, but they lock you in to their own investment platform and investments by the sounds of it.

Thanks for all the answers on this, but I'm not sure if I've made myself clear. So, apologies :) I'm not asking about withdrawal strategies, or what strategies people here use. I'm also not asking about tools that project the likelihood of running out of money in the future, etc. Instead...

Yes, sorry - I didn't mean FIRECalc itself. I meant a system like it. So for example a web site possibly crowdfunded.

I've recently started looking into the possibility of my retirement, and have what feels like a naive question, but I'll ask anyway... :flowers: Firstly, it seems that choosing a withdrawal strategy largely depends on personal beliefs and individual circumstance, but if we assume for the sake...

I suppose so, but the withdrawal "formula" (if I can call it that) would simply rank the least poorly performing assets to draw down on first. I don't think I can completely guard against sequence risk, just reduce it.

This, I don't know. I suppose the bonds will go down when that happens, but I'm less sure about the behaviour of the stocks. This seems like a separate question though.

Thanks for this - I guess as long as I draw down on winners more than losers, then I should be OK. One thing that did occur to me is that the way market sentiment seems to work is that bonds/gilts and gold go up in anticipation of stocks falling. So is it best to default to drawing down on...

Hi, I've recently been looking in detail about how I might go about living off my portfolio, but am getting a bit overwhelmed by the many different withdrawal methods I've seen described. (BTW I'm in the UK so some of the tax and social security stuff will be different but I don't think this...

Thanks - I've had a look at FIREcalc I would imagine it's a reasonably good indicator even if I am invested mostly in the UK (I'm about 20% US I think). The main thing I'm trying to understand though is the seemingly endless variations on draw-down methods in retirement! Just when I think I've...

Hi everyone - I've just joined after taking an overview of my savings and asking myself whether I might be able to retire on what I've got. There's a lot if (sometimes pretty complicated!) information out there, so I'm hoping to get some guidance here perhaps.