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I'm with you on this John because you and I are the same age and I too plan on firing my employer this year. What I would question, however, is your planned 50k income stream. IMO a 5.2% withdrawal rate is simply too high with a possible 37 yr. time horizon, especially when you would be starting out with valuations as high as they currently are. In addition, a plan that counts on an income stream from a government entiltlement program that will almost surely be changed before you can collect a dime from it in 13 years time is also reason to be cautious. The generation(s) behind us baby-boomers will almost surely rebel at the future cost of providing us with full SS & Medicare benefits. I use the online SS calculator myself.. but I subtract 30% from what it says for my ER planning. Good luck.
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