Forgive me if this is a stupid question.
Disclaimer---I have never run Firecalc and don't know the assumptions, conditions, etc., that go into it. I just know from reading this forum that Firecalc success rate of 100% is kind of like the "seal of approval" for FIRE.
For those of you who are retired and ran Firecalc with 100% success rate, why would you be worried about this market downturn? Wouldn't Firecalc have acounted for scenarios like this?
Conversely, if you were to run Firecal today with the current portfolio value (post-market downturn), would the results be any different?
Lucky Dude
Disclaimer---I have never run Firecalc and don't know the assumptions, conditions, etc., that go into it. I just know from reading this forum that Firecalc success rate of 100% is kind of like the "seal of approval" for FIRE.
For those of you who are retired and ran Firecalc with 100% success rate, why would you be worried about this market downturn? Wouldn't Firecalc have acounted for scenarios like this?
Conversely, if you were to run Firecal today with the current portfolio value (post-market downturn), would the results be any different?
Lucky Dude