I am getting ready to pull the trigger, I have told my boss that I wll resign next week. The big question for you all....I am 49 years old, I have modelled out a 3.2% withdrawal rate to last for 46 years, so, the big question.....will I be ok !!!
I think so -- working with a monte carlo of 5.4% returns, 6.4 SD and 3.1 inflation produces 94% ish in the Firecalc Monte Carlo, but what do you think ?
I would just hate to look back in 2 years and say I should have taken the opportunity to keep busting my ass on Wall Street for the hope of making another couple of bucks.
Thanks for any help you can be...looking forward to being .....FIRE'd.
I think so -- working with a monte carlo of 5.4% returns, 6.4 SD and 3.1 inflation produces 94% ish in the Firecalc Monte Carlo, but what do you think ?
I would just hate to look back in 2 years and say I should have taken the opportunity to keep busting my ass on Wall Street for the hope of making another couple of bucks.
Thanks for any help you can be...looking forward to being .....FIRE'd.