DEC-1982
Full time employment: Posting here.
I ask cause it “appears” that even with cuts that SS would cover our expenses. Even retiring early the numbers are there as we are high earners and don’t spend much.
It would seem that we could still plan for a 30yr drawdown but have it be from 40-70yrs. At 40yrs we’ll be at 4%WR and that’s with pitiful 3% estimated returns.
Spending down tax advantage would avoid tax torpedo. Downsides?
IIRC from the letters the IRS sometimes sends me, SS is supposed to cover 40% of the pre-retirement income (which I know is not the same as expenses).