CFiresim. dividends

[canadian bacon]

It looks like with the fire calculators, (CFireSim and FireCalc) dividends are not supposed to be counted separately as income.

Ex:   if I expect to live on 70K a year and I expect to get a 30K dividend, I cant count the 30K dividend as income and call the remaining 40K as 4% of 1,000,000.  Instead I have to accept a historical market dividend amount and my 1,000,000 would calculate as too little to support a yearly 7% withdraw. 

Can anyone confirm this that has gone through the data?

[BTDretire]

The dividends are part of the growth that allows you to survive the down years in the market.
If you want 7% of $1M aka $70k, then you need $1,750,000 invested to use the 4% rule.

[seattlecyclone]

Yes, these calculators take historical dividends and historical market performance into account together when backtesting portfolios. If you have some reason to believe that your return on equity will be higher than the historical performance you're free to add some extra income as an input, but I personally wouldn't make that assumption.