Author Topic: Help with Retirement Calculator  (Read 2056 times)

Aruna

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Help with Retirement Calculator
« on: December 29, 2014, 12:35:30 AM »
Hi I used an online retirement calculator http://goo.gl/RNhOq7 . I want to know if these calculations are accurate or they are just assumption...

Monkey Uncle

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Re: Help with Retirement Calculator
« Reply #1 on: December 29, 2014, 06:58:46 AM »
Hi I used an online retirement calculator http://goo.gl/RNhOq7 . I want to know if these calculations are accurate or they are just assumption...

I didn't see anything on the web page explaining how the calculator works, so it looks like there's no way to know about assumptions or accuracy.

However, there are plenty of other calculators out there that do explain how they work.  Here are two that are popular with people on this forum:

http://www.cfiresim.com/input.php

http://www.firecalc.com/

You also might want to try a calculator that uses Monte Carlo simulation, which tends to give somewhat more conservative results.  Here's an example; I'm sure there are many others out there:

http://www.schwab.com/public/schwab/investing/retirement_and_planning/retirement/retirement_calculator

arebelspy

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Re: Help with Retirement Calculator
« Reply #2 on: January 01, 2015, 12:27:19 PM »
We are two former teachers who accumulated a bunch of real estate, retired at 29, and now travel the world full time with two kids.
If you want to know more about me, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
We (rarely) blog at AdventuringAlong.com. Check out our Now page to see what we're up to currently.