Callitaday2022
Recycles dryer sheets
Driving to Mecum auction yesterday and listening to Jill on money podcast from father's day.
Her guest said that if you retired in 2000 with a million dollars and took 6% withdrawals you would now be out of money! We all know not to take 6%, but what if you had to?
He did say that 3 years earlier (1997) or 3 years later (2003) than 2000, and at 6% withdrawal you would have 1.5 million!
I am a 2022er, but if I absolutely had to could push it back a little if in major recession. Could also just live off pension and no travels or major purchases until the market returns.
Her guest said that if you retired in 2000 with a million dollars and took 6% withdrawals you would now be out of money! We all know not to take 6%, but what if you had to?
He did say that 3 years earlier (1997) or 3 years later (2003) than 2000, and at 6% withdrawal you would have 1.5 million!
I am a 2022er, but if I absolutely had to could push it back a little if in major recession. Could also just live off pension and no travels or major purchases until the market returns.