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Retirement Discussions / Retire Early CampFIRE
|Subject: Re: Your Money or Your Life||Date: 7/25/2000 10:13 PM|
|Author: intercst||Number: 13746 of 853045|
Geez, how does someone retire at 38.
Bold step to think you are financial secure and will remain so.
Not really. Once you get to where you can live on a 4% of assets inflation adjusted withdrawal, you're "100% safe" as far as running out of money.
If you haven't seen it already, take a look at "Career Advice for Budding Early Retirees" see link:
Was the gain due to the market jumping by so much?
Yes. Particularly two individual stocks in my IRA, Dell and Pfizer. But that didn't happen until after I'd been retired for three years.
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