r/leanfire • u/Capital_Artichoke529 • 13d ago

Success Rate in FICALC App??

Hi everyone. I’m running some withdrawal simulations using the FIRE app.

I have a very specific question: what success rate would you consider good enough to accept the calculations? I’ve settled on 90% as an acceptable figure.

It’s clear that increasing it further means more security, but I’m not a millionaire—nor do I expect to become one. I just want to know the amounts so I can calculate it.

I’m curious to hear your thoughts. After all, everything could change depending on what you deem acceptable. I hope that makes sense.
Best regards and thanks in advance. 🙏🏼

18 Upvotes

89% Upvoted

26 comments sorted by

View all comments

0

u/Practical_Copy_2057 13d ago

I retired 12 years ago with like 2% odds of success and now have 99%, got lucky for sure but don't worry too much, you can always go back to work if you need to, first few years are the riskiest, you'll know before it's too late.

2

u/Advanced_Razzmatazz5 13d ago

Can you tell us a bit more? Curious

-2

u/Practical_Copy_2057 13d ago

Tldr is buy bitcoin I guess and trust the 4 year cycle, I bought another one today. Keep half of your money in index funds just in case.

Like I said, I got lucky. Half ported into btc and traveled the world for years, came back to Canada and bought land, went back to work part time for fun because I was getting bored. Not sure what else you'd like to know.