Ready-4-ER-at-14
Full time employment: Posting here.
Baby boomer with the last of kids about to enter college.
Wife working about 5 more years to increase the nest egg a little more and pay part of the college bills.
Am a buckets of money fan and have read in here a little.
Currently about 43% in stock/mutuals/etfs
about 28% in fixed income
about 28% in real estate (including REITs)
According to your firecalc we can take out more than I think we will need for 50 yrs for 100% survivability but some excess is ok too.
Am sure I will run across it somewhere, but perhaps someone can explain the 25% bond idea to me that firecalc uses. If my bond value drops below 25% due to stock appreciation or interest rates rising and bond valuations dropping, do I rebalance the bonds every year to no less than 25%?
Interesting site, glad I chanced upon it via a good search of key words early retirement.
Wife working about 5 more years to increase the nest egg a little more and pay part of the college bills.
Am a buckets of money fan and have read in here a little.
Currently about 43% in stock/mutuals/etfs
about 28% in fixed income
about 28% in real estate (including REITs)
According to your firecalc we can take out more than I think we will need for 50 yrs for 100% survivability but some excess is ok too.
Am sure I will run across it somewhere, but perhaps someone can explain the 25% bond idea to me that firecalc uses. If my bond value drops below 25% due to stock appreciation or interest rates rising and bond valuations dropping, do I rebalance the bonds every year to no less than 25%?
Interesting site, glad I chanced upon it via a good search of key words early retirement.