Withdrawal Rate Increases with Time?

Hello ex-Jarhead. Re. db's post, sure you do. You have met some of these worry warts right here. You know,
guy writes in and says he's collecting SS and a pension,
and has a net worth of $2,000,000, not counting the houses, $500,000 and $200,000, and no debt. Wants to know if he has enought to retire. Makes me smile every time.

John Galt

[cute fuzzy bunny]

I have a gosh darn simple solution for people worrying about whether they have enough or not.

Send me a check in the amount that would be required for you to get your portfolio down to the point where you're SURE you dont have enough.

Oh, and should you ever amass further monies and this becomes a regular problem, I'm certain I can arrange for a quarterly, monthly, or bi-weekly electronic transfer system to automatically resolve any unnecessary overages.

Worrying solved. Whose your buddy?
8)

[db]

ex-Jarhead, John Galt, & TH,

Well the point of my post is I used to worry about things like whether someone might ask an obvious question I couldn't answer when I made a presentation, and so forth. Re causes to worry about investment strategy, they are those who would argue that social security and a pension could go away, or be dramatically diminished. I didn't mean to imply that I felt we were in a precarious financial state, and I'm sorry if I gave that impression. I inherited my dad's IRA and am the sole heir to the remainder of the estate that was left to my mother. And, of course, we have our own IRAs, so I'm not complaining. Just meant to say I don't worry about our social security or pension going south.

db

[cute fuzzy bunny]

Dude...dont take it seriously, we're messing with you!!!

Besides, John G is really a 15 year old, Unclemick is a 13 year old girl and I'm just a dog!

[cute fuzzy bunny]

I think they should do "celebrity boxing".

Fighting each other would be good, but I'd like to see:

Bill Gates vs Mr. T. (I pity the richest fool in the world!)

Michael Dell vs the guy who used to play "Lurch" on the addams family. Have to dig him up, and I'll bet he doesnt smell too good, but it'd be a good match.

[cute fuzzy bunny]

Oh yeah, one last thing.

I think we were or are all pensive about ER'ing. Who wouldnt be?

I think people who have a lot (and thus are good cannon fodder in these sorts of discussions) were used to making a lot and spending a lot. A lot of their life is based on identifying with what they were, how much they made, and how much they spent. Shutting off the money-main is concerning.

You can do what I did and step off, see what happens, and if in a year or two you're not making it work for you, arent comfortable, then declare your "sabbatical" a success and step back on..

Or you could be like John G, steal a lot of napkins to plan on the back of (what the HELL does he do with the fronts anyhow?), run like hell, and never look back.

Hello TH. Trust me, you don't want to know what I do with the
unused side of the napkin. Obviously I can't just throw
them out

John Galt