Question is this - If I use firecalc and input say a retirement at 60 with SS starting at 62, it says I'm OK (100% success). I've been working through Otar's book (which is quite good). The problem is my "ratio" then isn't at 30, where he says you need to be. Further, the initial withdrawal rate could be as high at 6% for the years until SS kicks in. Then the WR drops significantly.
How do I handle this? I know that Firecalc is doing the calcs right, but I have a mental hurdle that I need to stay below 4% WR and preferably below 3.5 or so.
I'm not wanting to start a thread about the future viability of SS etc (please - I'm as worried about that as anyone). Can one accept a higher withdrawal rate, knowing that it'll drop later when pension/SS kicks in? That higher withdrawal rate combined with a couple of bad market years at the same time really worries me.
How do I handle this? I know that Firecalc is doing the calcs right, but I have a mental hurdle that I need to stay below 4% WR and preferably below 3.5 or so.
I'm not wanting to start a thread about the future viability of SS etc (please - I'm as worried about that as anyone). Can one accept a higher withdrawal rate, knowing that it'll drop later when pension/SS kicks in? That higher withdrawal rate combined with a couple of bad market years at the same time really worries me.