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Old 12-20-2015, 06:34 PM   #121
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Originally Posted by unclemick View Post


Jan 1993. 60/40. Katrina, lost of house. Lost of spouse. 1000 miles inland. New house. New spouse. Mr Market has a few ups and downs.

Change is certain. Nowadays 50/50 lifecycle fund ala Vanguard for real retirement plus a few good stocks for the male hormones while in season.

Life's really big question - should I stick with the Saint's after 2010 FINALLY! or go with the Chiefs here in KC?

heh heh heh - stay agile mobile and hostile and adjust to life as reguired. And yes I did vary withdrawal rate and expenses over the years.
Just 20 months retired myself, curious about how you chose to vary your withdrawal rate over time, if you don't mind sharing.
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Old 12-20-2015, 08:00 PM   #122
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My tongue in cheek unified theory of chickenheartness. With hindsight fairly on the mark though not precisely.

Ballpark 2-6%.

Placing a moistened finger on the belly button I thought how the past year went as to expenses both planned and unexpected, how Mr Market was doing and how I felt about it. A bad year had me pick a number below 4% and a good year ie low unexpected expenses and a performing stock market had me pick a higher number above 4% usually remodeling, a upgraded pickup truck and added travel. Note the emotion and after the fact re -planning.

Tried always to raise or lower budget expenses NOT asset allocation. Hand grenade wise pretty much stayed close to 60/40.

1993 - 2006 Would not look pretty spreadsheet wise because of a mish mash of severance pay cash, some temp work, sold a rental duplex, DRIP dividend stocks and things like Wellesley, REIT index, corporate high yield, etc letting the index funds compound in my 401k rollover from ER start age 49 1/2 to 62. Also took early small pension at 55 and SS at 62.

Messy but it worked. As forum members will attest there are many ways to skin a cat.

heh heh heh - now past 70 1/2 my Pals at the IRS help me with my withdrawal rate. Given the historical period 1993 -2015 and hindsight I was overly frugal in the early years of ER but I don't feel deprived or think I should have spent more when I was younger and more 'spry'.
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Old 12-20-2015, 08:42 PM   #123
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Thanks for sharing unclemick. Always nice to hear the real life success stories.
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