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I assume you meant not literally 23% but that you meant that you retired with a 21 to 1 ratio, with savings at 21 times annual "burn rate" for a percent of 1/21 or about 4.7%

You are right, I should meant to say ratio instead of %. Was at 21 ratio when I retired and am now at 23 ratio. I should never to post too late in the PM :-) However my burn rate was only 4% not 4.7% I was able to take lower withdrawals due to income and cost reduction moves.
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