Does any one remember if @unclemick has posted his initial firecalc success rate?
That whole “ you need to replace your income in retirement “ narrative is misguided advice. It’s about the cash flow needed not “ income”. Important distinction. You can get that from selling equities which is actually more tax efficient as well.Replacing my final salary in retirement would be purely impossible. But I never spent more than 20% of compensation (gross) during my career time (it did come to ~15% recently), may be excluding just a few first years. Retired at 56 with Firecalc to give 100% score (including SS) or 93% (without SS).
I believe he has been retired 30 years now, so could be a good test case. I don't think he has posted in a bunch of months, so hopefully nothing bad.Does any one remember if @unclemick has posted his initial firecalc success rate?
That’s pretty typical.I believe he has been retired 30 years now, so could be a good test case. I don't think he has posted in a bunch of months, so hopefully nothing bad.
Feel somewhat similar with the long flights. 14 hours (non stop though) from Turkey. I will not splurge for first class on these flights, so am fine with less frequency.I’m turning 70 soon and am spending less. I rarely buy clothes and have everything I need for my condo, etc. I have went to Europe twice in the past few years and will go in 25 which will be my last overseas trip because my travel partner really wants to see France.
Honestly, I am finding the historic palaces and churches, etc much less of a thrill even though the countries are different. The long plane ride is miserable as there’s no direct flights. Last year the tour company had me up for 27 hours with 3 flights and a 4 hour layover at 2 airports.