Vision 2020?
 Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free! Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE! You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more! Join Early-Retirment.org For Free - Click Here
 12-08-2018, 05:41 PM #2 Give me a museum and I'll fill it. (Picasso)Give me a forum ...   Join Date: Jan 2018 Location: Tampa Posts: 6,884 Welcome to our wonderful site. Have you run your numbers through the Firecalc calculator located within this site? IIRC, a WR% that works for a 50 year retirement is around 3.15%. It sounds like you are in shape financially. Have you thought about the non retirement aspects of a 50+ year retirement? If you do have a child, it can change various aspects of retirement plans. Will your wife be fine with you not working, while she is working? __________________ TGIM
 12-09-2018, 07:29 AM #3 Recycles dryer sheets   Join Date: Jun 2007 Location: Oklahoma City Posts: 291 Seems an easy GO If your need is \$3500 (core expenses) and say \$1000 health care ins. = \$4500 Income from Real Estate = \$1666/mo (4500 need - \$1666 = \$2834 need ) \$1,000,000 in non retirement assets x 3% = \$2,500/mo --- ( \$2834 need - 2500 = \$334 need) \$500,000 in 401K can do a conservative 72t withdrawal @ well over \$700/mo more than covers the \$334 need left SS is gravy Inheritance Gravy __________________ USAF Veteran -- Retired Air National Guard -- OSW -- ONW -- OIF

 Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)