3 ms·
Really nice piece of work. Very easy to understand. It would be good if it could tell you a retirement spending number given all the other constraints (assumi
by Tycho 3y ago
Really nice piece of work. Very easy to understand.
It would be good if it could tell you a retirement spending number given all the other constraints (assuming you want to draw down most of your funds eventually).
- dom96 3y agoThanks! Just to make sure I understand your suggestion correctly: you mean you input your earnings and age of retirement and the tool tells you how much you should spend to use up all of your money by the time you are dead? Might be nice, but I'd say you can figure that out fairly easily by just adjusting the numbers in the tool as it is currently.
- Tycho 3y agoYes, that’s what I mean. And you are right, adjusting the numbers works. I suggested it after upping my monthly savings inputs and then noticed that at end-of-life there was still a huge pension pot. Then I fiddled with the spending figure.