Choose FI: FI Plan Tool + Planning for Large Lump Sum LTC

What a cool story! I've dug into the FI tool a bit and I don't think it has this functionality but Jonathan is super responsive to feature requests in the Support tab. It has time-delimited income options so it seems straightforward to add time-delimited expenses

Unfortunately, I don’t have a tool suggestion. But I’d love to hear more about how you’re thinking about those funds specifically. Will you keep them in a separate account and choose a different investment strategy for those? Asking because I’m in a similar life situation, know I need to plan for this, but haven’t actually started planning. A lot of the FI content assumes that kids will be around to take care of their parents always happy to find more resources to help think through family situations that don’t involve kids.

I’m not super familiar with the FI tool so please excuse my pivot to a different tool, Boldin. I’m very familiar with Boldin and I can say that what you’re trying to accomplish can be done very effectively in Boldin. I’ve found that a lot of lite retirement planning tools are only good for getting a broad sense of how effective your retirement plan will be. Tools like Boldin and ProjectionLab go way beyond that, giving you the ability to get into the weeds of your plan and model the specific moves that can have a significant impact on your plan’s chance of success. If people have found that the FI Plan Tool goes head to head with Boldin in this regard, then I stand corrected in advance!