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"I didn't ask what you spent, but what was income. "

You are not comparing apples to apples again

those who have a pension actually have the equivalent of a giant nest egg. If it is COLA protected, they are getting significant appreciation of that 'virtual nest egg' which will pay out each year their pension. If you get a $30,000 pension, that is likely the equivalent (at a 4% SWR) of $750,000 in a private nest egg for someone without a pension. That nest egg, might spin off 6 or 8% a year 'income'.

So.....a person getting a pension is totally different as far a 'income' vs one having only a nest egg (no pension) to live on.

If all my nest egg was in an IRA/401K...then it would not matter - I wouldn't pay taxes on the gains/dividends/distributions each year for the 'growth' part of the nest egg.

If you have ever looked at the curves for the 4% SWR, and the projected growth, then eventual decline of a 'typical' 30 year survival, you'll not that the nest egg should grow most of the time until you are 15 years or so into retirement. If not tax deferred, you get to pay the taxes on that growth.

Those with a pension don't pay it. The pension fund has the growth and likely pays no taxes on the growth.

So......asking me what' percentage' of income is not the same as asking someone on a pension. I have to re-invest a large part of my 'income' just to keep my nest egg in a good condition, yet pay taxes on it. I can't 'spend it' and I'm not going to give to charity based upon it's growth (and the taxes I gotta pay for that growth). You don't seem to have that thought sunk in to your mind.

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