That is exactly the best feature and benifit from the most detailed calculators.And that's the problem - or feature, maybe - of the calculator: the whole "shock and awe" experience. One thing it shows is the importance of getting all your fixed income into deferred. So then you have 1.5% real returns or whatever and that changes everything. Before somebody comes along and says they tortured spreadsheets for 87 hours and came out with a TIPS ladder for their 60 year retirement that produces 2%... okay, 2%. But not 6%.
From the Schwab calculator I linked. It adds 6% starting right now, so they have 14 years of gain before the first RMD at 75 is required.
- you can run any and all scenarios and review the most likely outcomes.
- you can see not only whether a move is positive or negative buit how much in either direaction in $$ and %'s.
- and you can see what happens if you choose a path and the results go in another direction ahead of time.
Statistics: Posted by smitcat — Tue Dec 03, 2024 9:10 am — Replies 17 — Views 708