Use our retirement income calculator to calculate how much income you might be able to get in retirement from using your pension pot.
So I recreated the interesting parts of the Trinity Study in Excel, using historical data fromRobert Shiller, and validated against results fromcFIREsim. Viewing things graphically makes it easier to get an intuitive feel for the data, so let’s look at the source of the results shown in the...
I played around with different lengths and found that 300 months or 25 years worked best in increasing the failsafe withdrawal rate. Assuming a monthly rate of 0.185594% (=1.0225^(1/12)-1), the monthly payment would be $4,342. Via Excel formula PMT(0.00185594, 300,-1000000,0,1) In th...