Message Font: Serif | Sans-Serif
 
No. of Recommendations: 1
I've heard some about the 4% "safe" withdrawal rate, and I was just wondering if anyone here has used another metric for knowing when it's time to retire.

I'm probably at around 10% right now. However, my CAGR in 2017 was 57%, and I'm up another 10% so far this year. Don't get me wrong, I don't expect that to be the norm. But I do expect to earn more than 4% on average each year.

I think it's obvious what I'm getting at...I don't see why I should wait until I have 25x yearly expenses to retire. Sure, if a severe market downturn hit in the next year or two, I would have to tighten the belt or maybe even get a part time job. If I'm ok with that, why wait?

Thanks,
Bear
Print the post  

Announcements

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.
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.