Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
arrete


thanks for the insight. Sorry, didn't expect you to use actual dollars in your response.

but see you are doing what we are planning to do with regard to padding the "budgetary needs". And in using the padded budget, yes it will require a bit more to be accumulated before fully retiring, but it also adds a margin of error. I know some swear by the 4% SWR, but not me. Its a good guide, but since we are pulling the plug early and like you say, plan on living many years beyond the nominal 30, there is just too much room for hiccups that can turn a minimal plan into failure.

again, thanks for the insights. Wish you luck and longevity.

otter
Print the post  

Announcements

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.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.