Vincenzo Corleone
Full time employment: Posting here.
- Joined
- Jul 20, 2005
- Messages
- 617
Newly Retired; WR After 10-Year Bull
I realize many, if not most, of the long-time posters have probably had it with WR polls, but please humor me.
The last WR poll I was able to find was back around the time of the financial crisis. I'd be interested in seeing if/how opinions have changed given we've had a 10-year bull market. If you have a link to a more recent WR poll, please share it.
What is the maximum WR you'd be comfortable with if you retired today?
Assume:
Edit: Made a bad mistake when describing how much of our expenses the pension would cover. Originally stated 2.5%. Actually 25-26%.
I realize many, if not most, of the long-time posters have probably had it with WR polls, but please humor me.
The last WR poll I was able to find was back around the time of the financial crisis. I'd be interested in seeing if/how opinions have changed given we've had a 10-year bull market. If you have a link to a more recent WR poll, please share it.
What is the maximum WR you'd be comfortable with if you retired today?
Assume:
- Your time horizon is 40 years
- You're eligible to collect a small, COLA'd pension (representing about 25% of your current annual expenses)
- You're eligible to avail yourself of employer-provided retiree medical insurance at cost of about $3-4K/year that'll cover both you and spouse
- You and spouse plan to collect SS at 70
- At 70, the SSA estimates $30K/year for both you and spouse
- You have longevity in both your family and spouse's family
- You have no children/heirs
- A 2.5% WR + pension would allow discretionary spending that makes up 50% of total expenses
Edit: Made a bad mistake when describing how much of our expenses the pension would cover. Originally stated 2.5%. Actually 25-26%.
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