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Nords · 02-03-2006, 07:59 PM

Welcome to the board, Coach.

I'm assuming you've counted your healthcare premium payments as part of your $40K/year expenses?

Your portfolio looks like it could make it, but your initial withdrawal rate of $40K from $711K is about 5.6%. Of course that withdrawal rate will drop when you receive Social Security and trust distributions.

Since you're pushing the margin of safe withdrawals you might want to look out for large "one-time" expenses-- a new roof, a replacement vehicle, a fantasy vacation, or other surprises. Even rising property taxes could perhaps put a crimp in your plans.

You might want to check your Social Security distribution. The mailed statement assumes you're going to work until age 62 but as an ER your distributions will be lower. You're going to want to enter your entire earnings history (from the mailed statements) into their detailed online calculator and then add zeros for your income between ~56-62.

But even if you retire into the middle of a recession, would there be a part-time or consulting market for your skills? A little of that can do a lot of good for a marginally-funded portfolio.

02-03-2006, 07:59 PM	#3
Nords Moderator Emeritus Join Date: Feb 2004 Location: Oahu Posts: 17,531	Welcome to the board, Coach. I'm assuming you've counted your healthcare premium payments as part of your $40K/year expenses? Your portfolio looks like it could make it, but your initial withdrawal rate of $40K from $711K is about 5.6%. Of course that withdrawal rate will drop when you receive Social Security and trust distributions. Since you're pushing the margin of safe withdrawals you might want to look out for large "one-time" expenses-- a new roof, a replacement vehicle, a fantasy vacation, or other surprises. Even rising property taxes could perhaps put a crimp in your plans. You might want to check your Social Security distribution. The mailed statement assumes you're going to work until age 62 but as an ER your distributions will be lower. You're going to want to enter your entire earnings history (from the mailed statements) into their detailed online calculator and then add zeros for your income between ~56-62. But even if you retire into the middle of a recession, would there be a part-time or consulting market for your skills? A little of that can do a lot of good for a marginally-funded portfolio. __________________ * * For more info see "About Me" in my profile.