Check This Out

Tommy_Dolitte · 08-11-2004, 04:38 PM

http://www.free-financial-advice.net/retire-early.html

08-11-2004, 04:43 PM

Most of us here probably have plans that are closer to half of the return that is listed here (6%).

We are all pretty conservative when it comes to financial goals. Figure that you need either twice as much money or spend half as much.

grumpy · 08-12-2004, 10:28 AM

The numbers in the table seem way too low to me. For example, the table shows that you can retire with $20K of yearly income for 40 years with savings of $303K. That is a withdrawal rate of 6.6%. That equates to a substantial risk of running out of money in less than 40 years. The 4% SWR says you would need closer to $500K to be able to confidently withdraw $20K per year for 40 years.

Grumpy

08-12-2004, 10:35 AM

Hello Grumpy! The $303K dwarfs what I started out with. Anyway, that withdrawal rate would work for me as I have nowhere near 40 years to cover.

John Galt

azanon · 08-12-2004, 12:20 PM

MSN uses 5%.

08-11-2004, 04:38 PM	#1
Tommy_Dolitte Recycles dryer sheets Join Date: Jul 2004 Posts: 170	Check This Out http://www.free-financial-advice.net/retire-early.html

08-11-2004, 04:43 PM	#2
Cut-Throat Guest Posts: n/a	Re: Check This Out Most of us here probably have plans that are closer to half of the return that is listed here (6%). We are all pretty conservative when it comes to financial goals. Figure that you need either twice as much money or spend half as much.

08-12-2004, 10:28 AM	#3
grumpy Full time employment: Posting here. Join Date: Jul 2004 Posts: 975	Re: Check This Out The numbers in the table seem way too low to me. For example, the table shows that you can retire with $20K of yearly income for 40 years with savings of $303K. That is a withdrawal rate of 6.6%. That equates to a substantial risk of running out of money in less than 40 years. The 4% SWR says you would need closer to $500K to be able to confidently withdraw $20K per year for 40 years. Grumpy

08-12-2004, 10:35 AM	#4
John Galt Guest Posts: n/a	Re: Check This Out Hello Grumpy! The $303K dwarfs what I started out with. Anyway, that withdrawal rate would work for me as I have nowhere near 40 years to cover. John Galt

08-12-2004, 12:20 PM	#5
azanon Thinks s/he gets paid by the post Join Date: Jul 2004 Posts: 1,505	Re: Check This Out MSN uses 5%.

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