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K. B. Sharkstooth
Guest
We plan to retire in ~ 5 years and have ~ 1.2 million including equity in 2 homes. My wife will also be offered a lump sum retirement benefit of $550,000 or $40,000 per year not tied to inflation. Which one should we take?
The way I see it the SWR at 4% on the $550,000 would be $22,000 and at 3% inflation it would be 20 years before that 22k would be 40k.
K. B. Sharkstooth
The way I see it the SWR at 4% on the $550,000 would be $22,000 and at 3% inflation it would be 20 years before that 22k would be 40k.
K. B. Sharkstooth