Message Font: Serif | Sans-Serif
No. of Recommendations: 0
Some of you may remember the details, sorry for the repeat, new twist --

My wife mostly retired at the end of 2018. Because she was still working 10 hr/week, and because we are young, 56 and 62, and because she has a pension already, I figured that an SWR of 2% was a good (very safe) place to start.

So 10hrs a week quickly moved to 25 hrs a week. That has meant we are hardly taking any money out of our retirement. Come mid-July, she will fully retire and be working 0 hours/week. Bye-bye income.

My question is, should we stick with the net worth/SWR figured at the end of last year, or should we start over in July?

Any thoughts?

in MA
Print the post  


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