 Quote:
Originally Posted by Rich_in_Tampa
Your 4.6% seems a bit high for a 50 year retirement. ....
In your shoes, I'd rather go the Clyatt route: early semi-retirement, keeping an income stream coming doing something you enjoy. It doesn't take much money to make a big difference. If you pull in even $30k per year it's like having and $600-$750K extra in investments from a cash-flow standpoint.
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As Rich says... 50 years is a long, long time.
I also think you're very exposed if we get another 2008 type of market drop. Bob Clyatt recommends a 50/50 portfolio for his 4%/95% SWR plan. I highly recommend that you read his book, and if you haven't already, also read William Bernstein's 4 pillars & Intelligent Asset Allocation.
You're on the right track by incorporating part-time work in your planning. Make sure you have skills suited to it before you leave full-time employment.
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