pb4uski
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I refinanced my home mortgage before recently ER to take advantage of lower rates (3.375%).
I am looking at my WR two ways:
1) ignoring my mortgage in looking at my nestegg, but including my mortgage payments as part of my living expenses. Under this view, my WR is ~3.5%
2) looking at my nestegg net of my mortgage and excluding my mortgage payments from my living expenses (essentially as if I paid of the mortgage today). Under this view, my WR is ~2.9%
Or alternatively ignoring my mortgage in looking at my nestegg but including only mortgage interest (but not principal) as part of my living expenses. Under this view, my WR is also ~2.9%
So is my WR 2.9% or 3.5%
I am looking at my WR two ways:
1) ignoring my mortgage in looking at my nestegg, but including my mortgage payments as part of my living expenses. Under this view, my WR is ~3.5%
2) looking at my nestegg net of my mortgage and excluding my mortgage payments from my living expenses (essentially as if I paid of the mortgage today). Under this view, my WR is ~2.9%
Or alternatively ignoring my mortgage in looking at my nestegg but including only mortgage interest (but not principal) as part of my living expenses. Under this view, my WR is also ~2.9%
So is my WR 2.9% or 3.5%