• Question
  • what do you mean I will run out of money at 84 or86

    Asked by a 78 year old man from Henderson, NV on 10/14/2013

    what do you mean I will run out of money at 84 or86

  •  
  • Categories: Retirement Planning, Out of Money

Answers

  • Steve 

    Steve 
    NewRetirement

    San Francisco, CA

    Get a FREE phone consultation
    with an advisor. Learn more...
  • Hi,

    Our calculator runs both pessimistic and optimistic scenarios which use different assumptions (which you can see if you follow the "Assumptions" links in the NewRetirement Calculator https://www.newretirement.com/retirement-calculator/default.aspx )

    In a pessimistic scenario (lower investment returns, higher inflation and higher health care costs) - we estimate you could run out of money earlier.

    Hope this is helpful.

  • Login to rate this answer:   Answered on 10/16/2013
**All above answers are provided as general information only. No warranty is made regarding the fitness or accuracy of the information provided in this answer. You should seek advice from a licensed CPA, attorney or CERTIFIED FINANCIAL PLANNER™ as to your unique financial situation.