No. of Recommendations: 0
"If you can sustain 2.25% above inflation, you should be okay if you are currently spending about 3.25% of your assets"

My personal Situation is I will be drawing 3% from my funds starting
at the age of 54 since I had a 3 year disability policy. The Insurance policy was a life saver.

I will still have my homestead in reserve if needed at the end.

Like others some of my money is tied up in a Fidelity 401K with limited
choices for fixed income. I believe Wendy started the "Crystal Ball" thread, that's where I am right now deciding on when to lock in the rates and for how long. My feeling is I have at least 6 months to
get this sorted out. I have already locked in the money I need from
fixed income for the next 10 years. So now its just a matter of
from that point to the exit point.

"But if the calculator says you can get 36 years at a 4% withdrawal rate and 2.25% above inflation, I'd be looking for a withdrawal rate or above inflation rate closer to 45 years on the calculator to feel comfortable about the money really lasting 36 years."

Good advice I have always been conservative but 40+ years can have
a lot of gotcha's along the way.


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