I'm very pro-planning and have been doing it for 40 years, but I just reviewed a couple of retirement planning software packages and I am left feeling that they pursue a level of precision that exceeds our ability to predict the future. It feels more like low value detail work, rather than high level monitoring and adjustment.
I use a self developed excel sheet where I know where all the terms come from. I also don't watch it too frequently, checking it every 2-3 months.
For background I'm 66 with a pension and occasional independent short term consulting w*rk. Income still exceeds our modest LBYM budget so I'm waiting on SS. Perhaps our situation drives my comfort with loose planning, I have plenty of adjustment options.
A favorite poem: Joe Heller. https://medium.com/@bobsutton/kurt-vonnegut-joe-heller-and-a-thanksgiving-message-8a31ca397888
I use a self developed excel sheet where I know where all the terms come from. I also don't watch it too frequently, checking it every 2-3 months.
For background I'm 66 with a pension and occasional independent short term consulting w*rk. Income still exceeds our modest LBYM budget so I'm waiting on SS. Perhaps our situation drives my comfort with loose planning, I have plenty of adjustment options.
A favorite poem: Joe Heller. https://medium.com/@bobsutton/kurt-vonnegut-joe-heller-and-a-thanksgiving-message-8a31ca397888