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Old 08-11-2004, 04:38 PM   #1
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Re: Check This Out
Old 08-11-2004, 04:43 PM   #2
 
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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.
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Old 08-12-2004, 10:28 AM   #3
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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.


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Old 08-12-2004, 10:35 AM   #4
 
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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.

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Old 08-12-2004, 12:20 PM   #5
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Re: Check This Out

MSN uses 5%.
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