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View Poll Results: What is your actual spending pattern vs your FIRE stash?
Bounce the check to the undertaker 8 3.28%
"SWR" - spend down to zero on a historical average basis 28 11.48%
Capital preservation - die with the dollars you started with 27 11.07%
Spending power preservation - die with the spending power you started with 33 13.52%
Scottish style - grow the portfolio on average 95 38.93%
Uncle Scrooge - grow the portfolio with intensity 14 5.74%
I like bacon 39 15.98%
Voters: 244. You may not vote on this poll

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Old 05-13-2021, 04:44 AM   #41
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My intentions five years ago were SWR, but I'm closer to Scottish style in actual fact after five years.
I would say my intention was preservation, but has also been Scottish. I keep spending more every year, but the portfolio rises more yet.
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Old 05-13-2021, 10:31 AM   #42
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voted capital preservation, but more likely will grow over time (hopefully)!
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Old 05-13-2021, 10:42 AM   #43
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I don't like bacon. Can you put in a chocolate option?
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Old 05-13-2021, 02:13 PM   #44
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I chose Scrooge but with substantial donations along the way and with our heirs approval.
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Old 05-13-2021, 03:53 PM   #45
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Guess I flunked out of BTD school! But I am happy and I get a certain glee out of saving money and still living my best retired life. I'm sure Daylatedollarshort and several others here could relate to that feeling!

Anyway, I voted "Uncle Scrooge" even though I have just been sitting tight and letting Mr. Market do his magic.
I'm actually not opposed to selective BTD. We have some major home improvements planned for this year. But I'm with you on the glee from saving money and finding new frugal hacks. Why overpay? We've been retired ten years and we keep finding new ways to live better for less.
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Old 05-13-2021, 05:01 PM   #46
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With my WR getting to be so low due to both portfolio growing and expenses shrinking, I guess I have to choose between Scottish or Scroogy, but I do not like the way the choices are presented.
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Old 05-14-2021, 06:42 AM   #47
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I chose Scottish style. We are spending about 3% of our investment account annually, have not started any of our company pensions, and are not old enough yet for state pensions. Our NW is growing, such that the boat we longed for will soon be a reality.
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Old 05-14-2021, 06:53 AM   #48
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I feel so stupid. I can't figure out what I Like Bacon means in reference to this poll. Please enlighten me. I never got the memo.
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Old 05-14-2021, 07:02 AM   #49
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I feel so stupid. I can't figure out what I Like Bacon means in reference to this poll. Please enlighten me. I never got the memo.
If nothing else is true, everyone likes bacon.
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Old 05-14-2021, 07:23 AM   #50
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If nothing else is true, everyone likes bacon.

Ahhhh. Thanks.

So I checked Scrooge, because our WR hovers somewhere between zero and less than .5%, largely because we have significant pensions. One could say we definitely over saved, and could have retired much sooner, but in reality DH did retire in 2008 and I was self employed and loved what I did to bring in the bacon.
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Old 05-14-2021, 07:42 AM   #51
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I answered wrong: SWR. Wrong because I didn't read the instructions until after: what I've done so far vs what I plan to do. I've been restricted by keeping income low, so not keeping up with what I "should be spending" or "could be spending".
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Old 05-15-2021, 09:25 AM   #52
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Picked Scottish Style

Similar to OP, my plan was SWR but the reality is we're spending less on average per year than planned and our investments are doing better than planned so our portfolio continues to grow and we haven't even started to draw SS or pensions.
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Old 05-16-2021, 11:19 PM   #53
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My hope was to have spending power stay intact. The reality is my net worth and income have grown to their highest levels in my entire life.
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Old 05-17-2021, 04:57 AM   #54
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I have no heirs, so the goal is to spend as much of it as possible.
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Old 05-17-2021, 10:35 PM   #55
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I'm up 25% since I retired and I've blowin' dough like a drunken sailor. And I still need to buy that boat!
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Old 05-18-2021, 02:56 AM   #56
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I'm up 25% since I retired and I've blowin' dough like a drunken sailor. And I still need to buy that boat!
Yes. Think of the money you will save on buying fish.
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Old 05-18-2021, 03:57 PM   #57
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The activities I mainly like to do are little/no cost. So although I retired at 62 more than 3 years ago, I have not needed to tap any of my retirement funds. but I think I will finally do the whole home renovation I want - but it would still be will within a 4% withdrawal rate.
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Old 05-18-2021, 04:14 PM   #58
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It seems to me that Scottish style is popular because the markets have been so kind in the last few years. I retired 4 years ago and my net worth is up 20% plus after having lived in the Caribbean for years and returned to the states, and buying a car, beach house, and everything in it. I have not been spendy (until the house) but I put this success mostly on the markets.
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Old 05-18-2021, 04:17 PM   #59
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Not retired long and I don’t like thinking about it.
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Old 05-18-2021, 05:12 PM   #60
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Nothing really applies. We knew going in that during the early years we would be spending a fair amount of our starting portfolio (kids still in school, etc). We don't plan to bounce the check to the underwriter or to go to zero. Certainly, we could not sustain long term what we spent the first few years. But, we never intended to. Just this year we are at a point where he are at where we expect to be from now on but don't have historical information on this. We plan to monitor each year and make adjustments. We don't particularly want to grow our portfolio but our intent right now would be maintain it to keep the same spending over time.
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