Last week I described that Patti and I fall in the category of having More Than Enough that I describe in Chapter 10 of Nest Egg Care (NEC). Our current portfolio value supports a Safe Spending Amount (SSA; Chapter 2) that means our
I looked in detail at our spending in this blog about 18 months ago as a way to help me understand how much we needed to pay ourselves from our nest egg. I did the same exercise this week, but in a much simpler way.
FIRECalc builds many historical sequences of stock and bond returns in history and displays how a portfolio will fare over time for all the sequences. Nest Egg Care uses THE Most Harmful sequence as the baseline assumption for determining a Safe Spending Rate in retirement