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I wish retirement planning was that easy. Having a 4% withdrawal rate is like factoring a 100 year flood during retirement. It can be over conservative. Not very many people are going to be able save 25x income.
you could have withdrawn 10% of income from $1million w/ a 3.5% raise for inflation each year from 1975-1995 and die w/ 50million in the bank. see link http://netirement.com/MoreInfo/D6Chart.aspach

It is the order of returns that matter most not your average. Hope for the good years to come early than you can withstand a bad patch. As a retiree you can't just set your plan and forget it you have see what the market is giving you and make adjustment. A 4% withdrawal rate for many will leave their grandchildren very rich. Most reirees could withdraw 50% more say 6% and still be ok as long as they don't happen to retire the day before the market falls off a cliff.

As for finding an advisor go to one that doesn't have anything to sell you ex.insurance products, annuities, mutual funds. A fee-only planner they do not work on commission. Do not confuse fee-only w/ fee-based, fee-based planners work on commission also. To locate a truly fee-only planner in you area go to their site http://napfa.org/planner.htm
Demand that they use either indexes or individual stocks no mutual so you can lower cost and taxes.

Great discussion I welcome your replies

Fool On
Tom Greeves, Fee-Only Certified Financial Planner
a.k.a SpyontheWise
http://www.windsorwealth.com/
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