Chuckanut
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Here is one person's thoughts on what might have happened if one retired in 1965 with $1,000,000 and a plan to withdraw about 4% a year.
Getting the one million is another issue. ?. No small task in the years leading up to 1965.
The Worst Retirement Ever - Go Curry Cracker!Go Curry Cracker!
"Our budgeted spending of $40,000 per year can provide for a high quality of life, more than we will probably spend (Although maybe we will spend that much someday.) Because the early years are critical to a portfolio’s long term survival, the plan is to spend a little less than 4% while we get used to our new life.
Is this plan sufficiently robust?
I hope so. We are about to retire in 1965, the worst year to retire Ever"
Getting the one million is another issue. ?. No small task in the years leading up to 1965.
The Worst Retirement Ever - Go Curry Cracker!Go Curry Cracker!
"Our budgeted spending of $40,000 per year can provide for a high quality of life, more than we will probably spend (Although maybe we will spend that much someday.) Because the early years are critical to a portfolio’s long term survival, the plan is to spend a little less than 4% while we get used to our new life.
Is this plan sufficiently robust?
I hope so. We are about to retire in 1965, the worst year to retire Ever"