Firecalc and retirement
using firecalc, a tool that calculates the probability of being able to withraw a specific pension from fixed savings based on past stock market behavior, I got the following:
assuming a desired withdrawal of 30K, the probability per initial investment is:
700k - 89%
650k - 78%
600k - 72%
550k - 56%
500k - 51%
assuming a desired withdrawal of 30K, the probability per initial investment is:
700k - 89%
650k - 78%
600k - 72%
550k - 56%
500k - 51%
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