To those who are ER'd and living off their investments, pensions, SS or other non earned income.
You've done the math and figured out how much you can spend each year per the 4% rule.
Do you exceed it?
Do you budget your income tax due within it? quartley payments.
Do you set aside a replacement fund for expenses that may come about every few years such as autos, furniture, unexpected medical or dental bills, etc.?
You've done the math and figured out how much you can spend each year per the 4% rule.
Do you exceed it?
Do you budget your income tax due within it? quartley payments.
Do you set aside a replacement fund for expenses that may come about every few years such as autos, furniture, unexpected medical or dental bills, etc.?