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  1. Not working properly

    If i have annual income of 100,
    I have annual expenses of 100 000,
    and I have a portfolio of 2 000 000.
    My annual return are 1 % and my withdrawal rate 4%.
    According to the calculator I could have retired 6½ years ago.
    This is simply not correct. A 1% return is 20 000 and that is not enough to cover my expenses of 200 000. Something is wrong here.

    Besides it not working properly, it's a great tool and I thank you for putting it up! :)

    30 votes
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      1 comment  ·  Admin →
    • Add the ability to insert future periods where additional income kicks in.

      For instance:
      I have a defined benefit work pension starting at time X
      I have federal pension starting at time Y
      I have a lump sum injection at time Z
      That would make this calculator even more wicked!

      27 votes
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      • add the ability to change expenses after retirement.

        Our expenses will be way lower during retirement so this calculator doesn't really work for us.

        27 votes
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        • Withdrawal rate is backward

          I put in a set amount for expenses every year in the calculator -- required field. Using that amount as the standard for all situations, the calculator says you can retire sooner and sooner the higher the withdrawal rate. That isn't correct. People should be planning for lower withdrawal rates to account for a bad economy, not higher withdrawal rates. Telling them they can retire sooner the more they spend is seriously bad advice. At higher withdrawal rates, you run out of money sooner. The calculator even says I could have retired years ago when I had the return rate…

          19 votes
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          • Add debt payoff

            It would be amazing to figure the mortgage payoff in this scenario. It seems like a good move to make before retiring. I understand there are a lot of factors (principal, interest rate, timing and amount of payments) but I figured you might be up for a challenge!

            15 votes
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            • Allow for salary (and income) increases

              E.g. 20k for 4 years, then 30k (and increase of 5k spending) for 8 years etc.

              13 votes
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              • Make a box with tax on investments

                I live in Denmark where we pay 28 % in tax on investment gains in the stock market up till the first 48K (in DKK) we gain, and there after 48 % on any gains above 48K. I assume that we danes have to hit a 8 % safety margen before we can retire. Is it possible to make som boxe where we can enter tax on investment and then calculate?

                Thx

                8 votes
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                  1 comment  ·  Admin →
                • 7 votes
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                    1 comment  ·  Admin →
                  • take into account inflation somewhere.

                    My expenses entered are the same year after year. shouldn't they increase by about 3% a year. Or is this somehow balanced with you not including expected wage increases in salary

                    6 votes
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                    • Create tooltips for each input box

                      It would be great to have some explanation of how to fill out the form and what each input box means. Links to more in depth explanations would be good too.

                      6 votes
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                      • 5 votes
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                        • Errors with data

                          Hi. Like the tool and appreciate you sharing it. Encounter inaccurate information and what appears to be a glitch when entering in data. No problems entering in the income field. But when entering in annual savings regardless of the amount entered, after doing so it automatically changes the data in the subsequent field which is the annual expenses field.

                          Don't know why but these automatic changes are wrecking havoc with my results and estimations. Any chance this tech issue can be examined and repaired? Thanks!

                          5 votes
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                          • Fix/clarify signup process

                            Signed up for service, got taken to page with existing transactions. Not sure if they are supposed to be sample transactions, or if i'm accidentally seeing another account's.

                            4 votes
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                              1 comment  ·  Admin →
                            • 4 votes
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                                1 comment  ·  Admin →
                              • Explain if net worth should include primary residence.

                                Should users include equity in real estate?

                                3 votes
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                                  1 comment  ·  Admin →
                                • Your certificate expired.

                                  Please renew it.

                                  2 votes
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                                    1 comment  ·  Admin →
                                  • when can i retired

                                    i think that ROI isn´t calculated well

                                    1 vote
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                                    • Fix Sign-up and Log In forms

                                      There is currently no way to retrieve a forgotten password attached to an email address.

                                      Also, the log-in/sign-up forms do not dot out the passwords - they are left visible.

                                      1 vote
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                                      • Manual Years To Save

                                        It'd be great if you had the option to select the number of years you wish to save at that rate, and highlight the year you can retire at. I'd like to see when I can hit FIRE, with boosted expenses after I retire. (Spend only 20K leading up, but see where I can spend 40K in RE on the chart)

                                        1 vote
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                                        • Incorporate run-down of assets, which would reduce required assets substantially.

                                          while it is nice in theory to be able to live entirely off of the returns your portfolio generates, it is impractical for 99 percent of the population. Most people will need to plan on some run-down of assets in their later years, which substantially reduces the assets one needs to retire. If you want, you could make your calculator include a "desired bequest" amount in order to preserve some capital for future generations.

                                          1 vote
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                                            1 comment  ·  Admin →
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