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View Poll Results: What was your savings w/o SS divided by your budgeted spending?
Less than 10 7 5.26%
10-15 1 0.75%
15-20 15 11.28%
20-25 20 15.04%
Over 25 90 67.67%
Voters: 133. You may not vote on this poll

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Old 04-19-2016, 08:54 AM   #41
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Major Tom's Avatar
Join Date: Nov 2009
Location: SF East Bay
Posts: 3,264
Late to the party here, and you already have your answer FIREmenow, but I'll play.

When I began withdrawals from my portfolio, the amount of savings, not including SS (my only other source of future income), was 41x. That was 5 years ago. My draw has not changed (not even an inflation increase), and due to market growth, the savings factor is now at 48x.

I do take SS into account, as I expect it to be there, but because I am fairly conservative, my plan doesn't rely on it's existence. In fact, my future spend is very flexible. I have no idea where I will be living, or how much it will cost (I am a renter), and am very flexible in that regard.

Being single with no dependents, and modest requirements, makes the whole business of ER quite straightforward. The ACA helped as well

ER, for all intents and purposes. Part-time income <5% of annual expenditure.
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Old 04-19-2016, 09:28 AM   #42
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Join Date: May 2008
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Adding the tax part may be a little off, but mine is probably about 36x because USD is so strong against CAD. If it were 1:1, it may be closer to 29x.

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