I went to FireCalc and input
$100,000 Port
Zero spending
20 years time span
100% stocks
.18 expenses
It says the LOWEST amount I will have at the end of the 20 years is $100,000
My understanding is that $100,000 at the end is not a nominal $100,000 but what $100,000 would have bought at the beginning of that 20 year period.
Is that correct?
Thanks
$100,000 Port
Zero spending
20 years time span
100% stocks
.18 expenses
It says the LOWEST amount I will have at the end of the 20 years is $100,000
My understanding is that $100,000 at the end is not a nominal $100,000 but what $100,000 would have bought at the beginning of that 20 year period.
Is that correct?
Thanks