I'm 53 next week. Retired at 50.
When I put my numbers in the various calculators I do it a couple of different ways. I put in time horizon of 17 years ( thats when I turn 70 and plan to take SS and my need from portfolio will be drastically lower) and then I'll run another test for 42 years ( living to 95 and the calculator allows me to enter ss income for last 25 years)
Both results look good , but was just wondering if there is any negative I might be missing in breaking it down in these two ways.
Thanks.
When I put my numbers in the various calculators I do it a couple of different ways. I put in time horizon of 17 years ( thats when I turn 70 and plan to take SS and my need from portfolio will be drastically lower) and then I'll run another test for 42 years ( living to 95 and the calculator allows me to enter ss income for last 25 years)
Both results look good , but was just wondering if there is any negative I might be missing in breaking it down in these two ways.
Thanks.