I was talking about absolute numbers, not relative ones. Being a non financial person, I find it reassuring sometimes to know other forum participants' absolute numbers because they help me in my decision to make the jump. No worries if you don't want to..
We got some good replies from others that cover it pretty well. Yes, some have posted their absolute numbers. And I honestly don't recall those posts, as I said, it just isn't an important factor to me - it was probably in one ear (eye?) and out the other. But I think the majority refrain from that. No right/wrong to it. As mathjak says, probably no real good reason to be 'uncomfortable with it. But OTOH, I just don't see the value to it, and I just fall on the side to refrain. I'm not hardcore about it, but until I see a banefit to it, I will continue to refrain. Heck, if someone really was that interested, I'm sure they could reverse engineer it from the info I have provided, but why would anyone care? And I do think it can be a distraction, some will think that the concepts only apply to someone in that $ range?
But whether you have $500,000 and you want to draw an inflation adjusted $17,500 over 30+ years to fund your retirement lifestyle, or have $5,000,000 and want (or maybe even
need - maybe you care for a special needs child/spouse?) $175,000 for the same reason, it's the same 3.5% WR and the portfolio will respond the same. FIRECALC results are not dependent on size, everything scales.
edit - I'm bolding this as my post got too long, don't want it to get lost:
I think it is misguided to feel that other forum participants' absolute numbers are an important factor in your decision to make the jump. Their spending needs/wants pension/SS and other back-up plans can affect all of that. Percentages are far more telling. People on this forum have retired with far less absolute $$ than what I would even consider, but they will make it work for them, either by choice or necessity, and will probably find a way to be happy/satisfied. I suppose I could too, but it would not be my choice. So what would I learn from their numbers? I need to evaluate
my numbers, it's my (and DW's) life. I also hope to not burden my children with my financial support.
RE - 'obsolete' 50 YO engineers:
That is really interesting. I never faced that, I guess I was vaguely aware that engineers over 50 were considered dinosaurs because one of my first bosses was one. But in my many interviews I conducted, I think I only talked to one guy over 50 and that was just a formality since he was going to be hired anyway. I guess HR did a "better" job of screening than I realized.
However, watching the devastating impact the great recession has had on my 50+ year old friends, many who've lost their jobs, I realized how lucky I've been. You were wise to have figured that out at a young age.
It made a big impact. I think I would have taken that path anyway, I had already purchased a townhouse, taught myself to cook, drove cheap cars, and did the LBYM and saved/invested (even though my salary was pretty modest in those early days), and married a like-minded woman. But some of those 50 YO faces are burned in my memory.
And yes the correct answer is both Ginger and Mary Ann.
Only small minds would miss that
Although the Mrs Howell $$$ connection might work for some. Hmmmm, maybe Mrs Howell would pay to watch?? Win-win-win!
-ERD50