Check This Out

[Tommy_Dolitte]

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

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]

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

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]

MSN uses 5%.