Found a "withdrawal calculator" that supposedly calculates your safe withdrawal amount.
You enter the age at retirement, funds, amount you want to remain in the portfolio when you pass, portfolio earnings %, age you will die, and pension and ss amounts. It spits out what you can take a month and totals other sources to show your monthly spending.
No idea what it bases calculations on, but for us, it did align with the firecalc and fidelity amount we can spend.
https://moneyzine.com/retirement/retirement-withdrawal-calculator/
You enter the age at retirement, funds, amount you want to remain in the portfolio when you pass, portfolio earnings %, age you will die, and pension and ss amounts. It spits out what you can take a month and totals other sources to show your monthly spending.
No idea what it bases calculations on, but for us, it did align with the firecalc and fidelity amount we can spend.
https://moneyzine.com/retirement/retirement-withdrawal-calculator/