# Rich, broke or dead
**URL:** https://forum.mustachianpost.com/t/rich-broke-or-dead/14069
**Category:** Uncategorized
**Created:** [October 1, 2024, 9:16pm UTC](https://forum.mustachianpost.com/t/rich-broke-or-dead/14069 "2024-10-01T21:16:08Z")
**Posts on this page:** 7
**Page:** 1
### Author:  [@PhilMongoose](https://forum.mustachianpost.com/u/PhilMongoose)
#### Post date: [October 1, 2024, 9:16pm UTC](https://forum.mustachianpost.com/t/rich-broke-or-dead/14069/1 "2024-10-01T21:16:08Z")
Sometimes, I find myself worrying about running out of money. If you do the same, then maybe take a look at this:
> **[Rich, Broke or Dead? Post-Retirement FIRE Calculator: Visualizing Early...](https://engaging-data.com/will-money-last-retire-early/)**
>
> A FI/RE early retirement calculator visualizing longevity risk in early retirement and enables you to compare the probability success, failure and mortality.
It is sobering to see very large chance of being dead. A chance which dwarfs running out of money at 90 years of age.
It’s a very clear way to showing that worrying about the tiny sliver of red is probably not worth your time. Most likely you’ll be in the green and all is fine, or in the grey and then being bankrupt is not such a big deal in comparison.
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### Author:  [@Patirou](https://forum.mustachianpost.com/u/Patirou)
#### Post date: [October 2, 2024, 7:15am UTC](https://forum.mustachianpost.com/t/rich-broke-or-dead/14069/2 "2024-10-02T07:15:43Z")
> [@PhilMongoose](#):
>
> e green and all is fine, or in the grey and then being bankrupt is not such a big deal in comparison.
I have the feeling that with adaptive spending (the year of a crash, spend maybe a bit less - on the good years, take a bit more out but build a cash reserve) - you can avoid any chance to be broke and also end up in the 5x success (which would be a also inefficient). Unfortunately, I did not see any simulator which could factor that in.
To stay in the theme : adapt or die (early)
Edit : actually this one does (Spending Flex)
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### Author:  [@PhilMongoose](https://forum.mustachianpost.com/u/PhilMongoose)
#### Post date: [October 2, 2024, 7:21am UTC](https://forum.mustachianpost.com/t/rich-broke-or-dead/14069/3 "2024-10-02T07:21:22Z")
> [@Patirou](#):
>
> I have the feeling that with adaptive spending
This one has some spending flex, I tried to use it here with this scenario $10k monthly budget $2.4k retirement. Early retirement at 50 for 40 years with flex spending of 20% if pot dips below 80%:
> **[Rich, Broke or Dead? Post-Retirement FIRE Calculator: Visualizing Early...](https://engaging-data.com/will-money-last-retire-early/?spend=120000&initsav=2400000&age=50&yrs=40&stockpct=80&bondpct=18&cashpct=2&sex=0&infl=1&taxrate=0&fees=0.3&income=13000&incstart=65&incend=99&expense=0&expstart=50&expend=70&showdeath=1&showlow=1&show2x=1&show5x=1&flexpct=20&spendthreshold=80&mort=best)**
>
> A FI/RE early retirement calculator visualizing longevity risk in early retirement and enables you to compare the probability success, failure and mortality.
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### Author:  [@Patirou](https://forum.mustachianpost.com/u/Patirou)
#### Post date: [October 2, 2024, 7:29am UTC](https://forum.mustachianpost.com/t/rich-broke-or-dead/14069/5 "2024-10-02T07:29:54Z")
And with that kind of budget it should be easy to find 10% to reduce the budget. for a few years.
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### Author:  [@sp00t](https://forum.mustachianpost.com/u/sp00t)
#### Post date: [October 2, 2024, 9:28am UTC](https://forum.mustachianpost.com/t/rich-broke-or-dead/14069/6 "2024-10-02T09:28:17Z")
So, what I understand is that I lower my chance of becoming broke by starting smoking.
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### Author:  [@dbu](https://forum.mustachianpost.com/u/dbu)
#### Post date: [October 2, 2024, 9:40am UTC](https://forum.mustachianpost.com/t/rich-broke-or-dead/14069/7 "2024-10-02T09:40:56Z")
A literal “Get rich or die tryin” 😁
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### Author:  [@pwi](https://forum.mustachianpost.com/u/pwi)
#### Post date: [October 2, 2024, 6:36pm UTC](https://forum.mustachianpost.com/t/rich-broke-or-dead/14069/8 "2024-10-02T18:36:54Z")
I really like this calculator. Adding the probability to be dead adds some perspective.