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Very interesting - thanks for sharing.
My guess is that they are expecting to lower their withdrawal rate after 5-10 years when they aren't traveling as much. That's pretty much what I've concluded makes the most sense for early-retirees in our 50s after reading a lot of the withdrawal strategy information that's been posted or referred to here. Of course, another dramatic fall in the markets too soon could make that risky.
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"One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute." William Feather
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ER'd Oct. 2010 at 53. Life is good.
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