The smooth lines can be so misleading! I like to use the 'Random period of S&P 500 returns' option of the PFC retirement calculator to show people how volatile the stock market can be (and that doesn't even count for inflation)!
Im not familiar with the term 'optimal spending cap'. Assuming this is the healthy range of spending given a level of income to achieve a certain investment goal?
The smooth lines can be so misleading! I like to use the 'Random period of S&P 500 returns' option of the PFC retirement calculator to show people how volatile the stock market can be (and that doesn't even count for inflation)!
Agree 100%. I built something similar based on what Jeremy put together here — https://blueprintformoney.com/guilty-pleasure-calculator
Using real returns from past periods is a great way to see what is actually possible.
Nice site! You just need to add the optimal spending cap, which I teach how to do. It is in our book, too. Highly recommend MaxiFi Planner.
Im not familiar with the term 'optimal spending cap'. Assuming this is the healthy range of spending given a level of income to achieve a certain investment goal?