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Personal Finance (Not Investing) • Rich, Broke or Dead? Post-Retirement FIRE Calculator: Visualizing Early Retirement Success and Longevity Risk

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Necroing this thread, because it seems like the most relevant one. I compared engaging-data.com and ficalc.app. In principle, they should be doing the same thing, using the same data and should therefore have identical results. However, The results are off by 5-15%, which is significant. I'm trying to figure out why, and help would be appreciated.

Here's a simple example: withdrawing a constant $60k/year for 30 years against an 80/20 1M portfolio results in a 62% (ficalc) vs 59% (engaging-data):

ficalc

engaging-data

Would appreciate anyone who has the nitty gritty on this.
Couple of things on the surface:

- Looks like RBD has an option to include investment fees. Don't see the option on FI Calc, so maybe you'd need to adjust spend to account?

- FI Calc shows the option to use data between 1871 and 2024 (or a subset) while RBD shows 1871 to 2023.

- FI Calc has options for rebalancing. Don't see options for RBD or an explanation of what they assume as the default.

Maybe these things are laid out somewhere in detail, but I didn't see them on the sites.

Statistics: Posted by margaritaville — Mon Dec 09, 2024 7:37 am — Replies 24 — Views 9065



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