Re:Early Retirement (2006)
by brewdad on Wednesday August 04, 2021 @01:35PM
(#28063848)
Don't forget that safe withdrawal rate assumes a 30 year retirement. If you are looking at a 40+ year retirement, the safe withdrawal rate is probably more like 3-3.5%.
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Re:Early Retirement (2006)
by brianwawok on Wednesday August 04, 2021 @02:30PM
(#28064488)
According to MMM
https://www.mrmoneymustache.com/2012/05/29/how-much-do-i-nee...
> Luckily, the math in this case is pretty interesting: there is very little difference between a 30-year period, and an infinite year period, when determining how long your money will last.
You should be fine at 4% forever. If you can spend a little less some years, or go make a few dollars somewhere hey, boosts your odds even more.