Online calculators, and our spreadsheet, are only as good as the inputs you enter. How do you know when you will retire or how much your expenses will be in retirement? How do you estimate how much inflation will be per year? What if the market crashes right before you retire? The video lessons walk you through understanding your expense…
Online calculators, and our spreadsheet, are only as good as the inputs you enter. How do you know when you will retire or how much your expenses will be in retirement? How do you estimate how much inflation will be per year? What if the market crashes right before you retire? The video lessons walk you through understanding your expenses, inflation, market returns (and sequence of return risk), different performance trackers, and different ways to calculate your number (culminating with the main spreadsheet).
So I would say the biggest difference is we spend the time, and provide the tools, to make sure your inputs accurately reflect your goals and beliefs. The biggest differentiator about the main spreadsheet specifically is probably how quickly and easily you can change your assumptions and run through different scenarios (like what if inflation is higher, what if my rate of return is lower, what if I spend more in retirement, etc.).
We include some other pretty cool tools I haven't seen anywhere else. One is a spreadsheet that shows how efficient you've been with your income up to now (how much wealth you've generated).
Online calculators, and our spreadsheet, are only as good as the inputs you enter. How do you know when you will retire or how much your expenses will be in retirement? How do you estimate how much inflation will be per year? What if the market crashes right before you retire? The video lessons walk you through understanding your expenses, inflation, market returns (and sequence of return risk), different performance trackers, and different ways to calculate your number (culminating with the main spreadsheet).
So I would say the biggest difference is we spend the time, and provide the tools, to make sure your inputs accurately reflect your goals and beliefs. The biggest differentiator about the main spreadsheet specifically is probably how quickly and easily you can change your assumptions and run through different scenarios (like what if inflation is higher, what if my rate of return is lower, what if I spend more in retirement, etc.).
We include some other pretty cool tools I haven't seen anywhere else. One is a spreadsheet that shows how efficient you've been with your income up to now (how much wealth you've generated).
Okay thanks for the explanation. Seems interesting for sure!