MN317
Dryer sheet aficionado
- Joined
- Mar 3, 2013
- Messages
- 26
I am 5 years into FIRE and my current WR is less than 1%. I am not cheap or excessively frugal and I do pretty much whatever I want, however, I have no family and I am not into golf, country clubs, lavish vacations, etc. A few trusted friends have been giving me [-]crap[/-] [-]criticism[/-] advice about increasing my WR. After years of [-]badgering[/-] contemplation I am beginning to think they are right. What to do with the money is a subject for discussion at another time. The quandary for today: I have studied and understand the various WR calculators but there is one scenario that I have never seen clearly explained. My current portfolio could support a 2% WR on yield alone. My assumption is that WR calculators are based on total return but I am curious if withdrawing only yield would affect the projections. Your thoughts?