04-09-2019, 07:59 AM
Not sure whether I should have put this in the "Tools" folder so feel free to move it...
Anyway, this is a request:
Retirement countdown is progressing nicely to the point that I might go early. Too much life to live (before I/we can't).
I have been aggressively attempting to simulate retirement. I tried several 4% Rule spreadsheets which of course really don't replicate a DGI plan.
WealthTrace does not separate dividends/interest from portfolio growth so you can't view that as an income stream the way you might view a pension or social security.
Maxifi will only show dividends/interest as an income stream in taxable accounts (most of our dollars are in 401K/IRA's).
FireCalc gets a little closer but I've read some reviews that their Monte Carlo simulation might have some flaws.
Sooooo....
Any thoughts on a way to simulate 30+ years in retirement as a Dividend "Harvester"? Is there a spreadsheet, website I haven't tried?
I'd feel a whole lot better with a second opinion to our plan.
Cheers!
Rob
Anyway, this is a request:
Retirement countdown is progressing nicely to the point that I might go early. Too much life to live (before I/we can't).
I have been aggressively attempting to simulate retirement. I tried several 4% Rule spreadsheets which of course really don't replicate a DGI plan.
WealthTrace does not separate dividends/interest from portfolio growth so you can't view that as an income stream the way you might view a pension or social security.
Maxifi will only show dividends/interest as an income stream in taxable accounts (most of our dollars are in 401K/IRA's).
FireCalc gets a little closer but I've read some reviews that their Monte Carlo simulation might have some flaws.
Sooooo....
Any thoughts on a way to simulate 30+ years in retirement as a Dividend "Harvester"? Is there a spreadsheet, website I haven't tried?
I'd feel a whole lot better with a second opinion to our plan.
Cheers!
Rob
There are people who use up their entire lives making money so they can enjoy the lives they have entirely used up
Frederick Buechner
Frederick Buechner