chinaco
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Feb 14, 2007
- Messages
- 5,072
As I stated in some previous posts, I am preparing to ER in the next year.
I have read that FIREing during a recovery increases portfolio survival chances as opposed to doing so during the down-turn if one is attempting to push the boundary of the safe max range of withdrawals.
As I study things, (and this is an assumption of course), if the market recovers and the next business cycle lasts 5 about years... that will put us in striking range of DW taking SS (which will reduce the stress on our portfolio).
I am almost giddy.... it looks like the moon and stars are aligning.
I know Midpack and Rich are approaching take-off for FIRE also.
Comments or thoughts anyone? Are we approaching the launch window for your individual optimum FIRE Scenario?
I have read that FIREing during a recovery increases portfolio survival chances as opposed to doing so during the down-turn if one is attempting to push the boundary of the safe max range of withdrawals.
As I study things, (and this is an assumption of course), if the market recovers and the next business cycle lasts 5 about years... that will put us in striking range of DW taking SS (which will reduce the stress on our portfolio).
I am almost giddy.... it looks like the moon and stars are aligning.
I know Midpack and Rich are approaching take-off for FIRE also.
Comments or thoughts anyone? Are we approaching the launch window for your individual optimum FIRE Scenario?