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If you actually want to know the likelihood of your retirement income sources failing use firecalc.com. The U.S. descending into anarchy is unlikely. The way y
by CompelTechnic 8y ago
If you actually want to know the likelihood of your retirement income sources failing use firecalc.com.
The U.S. descending into anarchy is unlikely. The way you are talking it sounds like you're flying by the seat of your pants and feeding into your own paranoia, even though you may be just fine. The backtesting data used in firecalc includes the Great Depression, so is likely to already include your worst nightmares.
- mud_dauber 8y agoWe actually use a similar tool via our Financial Advisor. It Monte Carlos a probability of meeting our goals and says we're >95%. So you may be right.