In this episode of Decoding Retirement Calculators, Jake Carson and Lily Morgan break down how to interpret results from popular retirement planning tools like ficalc.app. Our listener punched in a $4 million portfolio with a 4% withdrawal rate, but the calculator output showed a median and average spending range of $225-267K—higher than the initial $160K figure. We’ll explore what these numbers mean, how market growth impacts projected spending, and the assumptions that go into these calculations. If you’ve ever been puzzled by your FIRE calculator’s results or want to understand how different strategies affect your financial plan, tune in for clear explanations and practical insights!