No. of Recommendations: 0

A SWR of 4% would not be enough to replace his employement income in retirement.

I understand a lot of people desire that, but I have to ask: How many people NEED that whole income level after they retire? Maybe some do, but all? Depends on people's needs aand desires, ofcourse.

In our case, we live mostly on Social Security (admittedly a fairly good SS income, combined) but our income for the 10+ years since we retired has stayed at about 35-40 percent of what it was when we both left the work force! We still have a small mortgage, some bills, we pay taxes on our home, etc., and yet we feel fairly comfortable -- knock on wood.

Depends on your own needs and desires, as I said.

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