OP says he doesn’t plan on spending the 3MM, so without that he’d be at 305k & 300k. Still well above his expense threshold.I don't know that you really need a Monte Carlo of your cash flows & investment returns to know that you're not going to have a problem; $420K income >> $240K expenses.Pension Income: $230K/yr @62
Deferred Comp: $75K/yr from ages 62-72
SocSec: $54%/yr @70
Portfolio: $120K/yr (4% SWR on $3M balance)
Total Income: $425K/yr from 62-70; $420K/yr from 70-92
Expenses: $240K (pre-tax)
...
Our FA (paid hourly) said that based on their simulations, we have better than a 99% chance of our retirement plan working. Do you see any gaps or opportunities?
Statistics: Posted by gch — Mon Aug 26, 2024 7:15 pm — Replies 5 — Views 849