I’ve posted Entry #103 to my weekly Beyond Buy-and-Hold column at the Out of Your Rut site. It’s called The Strategy Implications of Deciding How Much You Want to Leave to Your Heirs.
Juicy Excerpt: That might surprise you. Lowering your spending by only $4,000 permits you to be sure that even in a worst-case scenario you will be able to leave $500,000 to heirs rather than $0. I see that as being a very nice trade-off. The thing I love about this calculator is the way it lets you play with the various assumptions to highlight trade-offs like that.