Search found 4 matches

by respond2you
Mon Jul 11, 2016 3:49 pm
Forum: cFIREsim Bugs
Topic: Initial Portfolio balance not reflected in results
Replies: 4
Views: 1786

Re: Initial Portfolio balance not reflected in results

Hi ERD--I guess in using the calculator, the money for the first year has to be in cash already outside the sim's knowledge. Otherwise, it will exaggerate the gains in a good year and exaggerate the losses in a bad year, and that first year has a great deal to do with how the portfolio does overall....
by respond2you
Wed Jun 22, 2016 5:42 am
Forum: cFIREsim Bugs
Topic: Initial Portfolio balance not reflected in results
Replies: 4
Views: 1786

Re: Initial Portfolio balance not reflected in results

Yep ERD--that's exactly it. It takes the portfolio value, augments it by growth, and the deducts the initial spending. So basically, it assumes that we live the first retirement year on funds *not* in the retirement portfolio. That's a very confusing assumption, and means we have set aside other fun...
by respond2you
Tue Jun 21, 2016 7:46 am
Forum: cFIREsim Bugs
Topic: Initial Portfolio balance not reflected in results
Replies: 4
Views: 1786

Initial Portfolio balance not reflected in results

Many of the starting balances in the portfolios are much higher than the actual amount specified, which means the success results are essentially useless. See Saved Sim 1861 (that also shows the $0 spending bug). It's showed up in every other sim I've seen since I noticed it. This seems to be a &quo...
by respond2you
Tue Jun 21, 2016 2:35 am
Forum: cFIREsim Bugs
Topic: $0 withdrawals with Guyton-Klinger
Replies: 4
Views: 3653

Re: $0 withdrawals with Guyton-Klinger

Also check sim 1861 for the $0 spending using the Guyton-Klinger model. Retiring in 2017 does the trick for me every time.

Thanks so much for this tool--it's an excellent resource!

=r2u

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