No. of Recommendations: 0
>> I'd also like to see numbers for a longer accumulation period. If you start work at 23 and retire at 63, that's a 40 year accumulation period, not 30. My hypothesis is that those additional 10 years would make a noticeable difference in the required accumulation rate. <<

True. But I suspect that most people who know from a ypung age that they really want to "retire early" want out long before age 63. I suppose 63 is "early" in that it's before full Social Security retirement age or Medicare eligibility, but I sure know I want out well before 63 if I can swing it.

Having said that, 30 years of working and 30 years of retirement drawdown? If we assume the working starts at (say) age 23, this takes you to retirement at 53 and death at 83 -- a very aggressive retirement age that leaves you at considerable risk of outliving your money (especially with no pension).

#29
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement