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The "How much I need to retire" thread

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  • #31
    Originally posted by TexasHusker View Post
    The short answer is, it depends.

    But you don't have to reinvent the wheel to answer the question. Use the Monte Carlo simulation, put in all of your parameters, and voila! There's your answer!

    https://www.portfoliovisualizer.com/...rlo-simulation

    Or if you want something a bit less complicated, there's this tool:

    https://www.firecalc.com/
    Question - on firecalc.com, all I see is a WALL of words on snall font. My vision is horrible so that may be why I can't see an actual calculator on there?

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    • #32
      Originally posted by Scallywag View Post

      Question - on firecalc.com, all I see is a WALL of words on snall font. My vision is horrible so that may be why I can't see an actual calculator on there?
      It’s VERY poorly designed. On the home screen on the right side just under the first graph is a box that says Start Here. That’s where you enter your initial info. Then you use the tabs across the top to add Other Income and additional details.

      it definitely took me some time to figure out. Not at all intuitive or user friendly.
      Steve

      * Despite the high cost of living, it remains very popular.
      * Why should I pay for my daughter's education when she already knows everything?
      * There are no shortcuts to anywhere worth going.

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