UnThreaded | Threaded | Whole Thread (10) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: sheople2 One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76395  
Subject: Accuracy of certain Monte Carlo Calculator? Date: 8/25/2011 10:10 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Would anyone be willing to plug in my following numbers below and see if this calculator seems accurate?

http://www.flexibleretirementplanner.com/java/LaunchFRPWeb.h...

One confusing thing about this model, is that certain numbers don't seem to be advanced by the rate of inflation, but instead remain constant. If you need more specifics I can provide them. Thanks.

(SSDI income only. Used 54 as "retirement age" because that may be when I stop adding money to savings.)

Current Age = 44
Retirement Age = 54
Life Expectancy = 75
Inflation - Average = 3.5%
Inflation - Std Dev = 2.5%
Investment Tax Rate = 0%
Income Tax Rate = 10%
Taxable Portfolio Value = 105K
Tax Free Portfolio Value = $49,200
Min IRA/401k Withdrawal = Age 54
Taxable Annual Savings = 8K
Investing Style = Risk Averse
Annual Retirement Income = 17K
Retirement Income Start Age = 54
Annual Retirement Spending = 28K
Spending Policy = Stable

Probability of Success = 97%

Thank you.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (10) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Economic Implications of Cuba
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement