robnplunder
Thinks s/he gets paid by the post
I only pulled the trigger after FIRECalc gave me 100%. I am too old, lazy, beat up to take the 5% chance of failure. That was 3 years and 4 months ago. Given how the market performed since then, I am still in good shape.
The concern is that at age 57, there is no sign of my spending coming down a la Bernicke. If at all, the annual budget may go up. Also, once I run out of cash at hand and start drawing money from investments, my tax rate may go up and (double whammy) no longer qualify for ACA subsidy.
I recently reran firecalc to see if I can increase my budget. I concluded that I'd better not. The increase will be too close to breaking the 100% success rate.
The concern is that at age 57, there is no sign of my spending coming down a la Bernicke. If at all, the annual budget may go up. Also, once I run out of cash at hand and start drawing money from investments, my tax rate may go up and (double whammy) no longer qualify for ACA subsidy.
I recently reran firecalc to see if I can increase my budget. I concluded that I'd better not. The increase will be too close to breaking the 100% success rate.
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