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Retirement Discussions / Retire Early Liberal Edition
|Subject: Re: Question for intercst||Date: 11/21/2009 8:43 PM|
|Author: temsike||Number: 21738 of 99908|
intercst, why don't you spend more? Like double what you're spending now?
You're not married. You have no kids. I know you're not getting older; you're getting better; but what are you saving it for?
With a 80/20 stock/FI ratio and only a 2% annual withdrawal rate, you're looking at leaving a lot of money on the table when you die.
To whom will you leave it?
For the OP, I'd say that with every 1% of AWR (annual withdrawal rate) you should have 10% in fixed income.
intercst spends 2% per year therefore he can sport a very aggressive 80/20 portfolio.
Me? I'm planning on spending 4% per year when I retire again in one to two years. Thus, I'll have 40% in fixed income at retirement.
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