ERD50
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Only have a rough approximation from various longevity calculators, many of which conflict on various factors. Even FireCalc is based on shaky assumptions such as: the next 30 years will reflect the results from the 30 years before age 65. That is such a crazy assumption that the whole effort is a house of cards. ...
That is not what FIRECalc does! It reports every 30 year period in its history (age has nothing to do with it). That's way, way different, and far more useful. (ooops, cross posted with MB)
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As investors have said elsewhere, we are in a time of unprecedented easy money thanks the Fed. That has never been the case before. The current generation cannot imagine what life was like in the 80s. (I held a bridge mortgage that peaked at 22%!)
Not sure what you mean by "the current generation". But many retirees and some considering retiring lived through the inflation of the 80's (I had a 17% mortgage, adjustable, so it ended well).
At any rate, anyone running FIRECalc will be tested against that 80's inflation. 1966 is one of the 'killer' starting years, largely due to the 80's inflation.
-ERD50