What is your withdrawal rate?

[winger]

It varies.....................

[4nursebee]

No worries, I will add the data. Did not think I gave folks the ability to edit, just to view

[jkern]

I retired in 09 at age 51.

Portfolio was 25/25/50

It has doubled in value since 09

Started with $500K in cash

No pension, haven't stated SS yet

[OnTheBeach]

When you retired: 2016
Age at retirement: 46
Asset mix or portfolio style: 50% Equities / 45% Fixed Income / 5% cash
Retired with assets equaling 35X expenses.

[racy]

When you retired. -- 2013
Age at retirement. -- 60
Asset mix or portfolio style -- 48 bonds/46 stocks/4 asset based loans/2 cash
What growth you have seen in portfolio since retirement -- 5.2% average per year
How much you retired with/saved (how many x of expenses) -- 35x
pension now or later? -- none
SS at what age? -- 70

[4nursebee]

I failed to directly ask in the post, but I was interested in what your withdrawal rate has been.

[pb4uski]

Quote:

Originally Posted by 4nursebee ....If you are willing, please share: When you retired. Age at retirement. Asset mix or portfolio style What growth you have seen in portfolio since retirement How much you retired with/saved (how many x of expenses) pension now or later? SS at what age? ...

Retired in at end of 2011 at age 56
Target AA is 65% stock/35% fixed income/5% cash
Current portfolio is 125% of what it was when I retired... if I consider our winter condo that was paid for from the portfolio to be an asset of the portfolio, then make that 135%.
Retired with ~25x expenses
Fixed pension started in 2016... covers about 20% of expenses.
No SS yet... DW will start at her FRA of 66 + 2 months and I'll likely start at 70.

WR for 2018 and 2017 was ~3.6%.

[4nursebee]

thanks, everything updated

[HI Bill]

When you retired: 2020
Age at retirement: 54
Asset mix or portfolio style: 82/8/10
What growth you have seen in portfolio since retirement: N/A
How much you retired with/saved (how many x of expenses): 26X
pension now or later? None.
SS at what age? 70.
Planned WD rate: 4.2% initial

CAVEATS: Really plan to retire with 31X after selling a condo, and start out at 4.2%. After a few years of travel and renting, plan to buy a condo or house and lower the travel budget a bit. Phased approach, dependent on many variables.

Oh, the 31X is really 56X base expenses....31X includes a 60% travel budget.

[Splash]

Retired 2/1/2017 at 55 (DH 56)
AA 50%/50%
Retired with investments 33X expenses
WR for 2018 and 2017 was 3%
Current portfolio is 110% of balance at retirement
SS planning 70 for me, somewhere between 62 and FRA for DH
Pension undecided on when to start payments or if to roll into IRA as lump sum

[IrishMoss]

Right now, 18 months into retirement I'm averaging 3.4% withdrawal rate, but I do plan to bump it up to 3.95%. I wanted to see if I could live on less in case that becomes necessary in the future and it appears I can without too much sacrifice.

[audreyh1]

Quote:

Originally Posted by 4nursebee I am asking to learn what others find practical. We are planning on using a VPW method. Few seem to withdraw so high a percent, makes me a little nervous. I would like to keep track what others do, have started a public spreadsheet: https://docs.google.com/spreadsheets...it?usp=sharing I would like to know what you do and why you choose that route. If you are willing, please share: When you retired. Age at retirement. Asset mix or portfolio style What growth you have seen in portfolio since retirement How much you retired with/saved (how many x of expenses) pension now or later? SS at what age? Feel free to message me you info if you do not want to publicly post, I will not put your name on the list. Thank you

Only a few people here use VPW. There is a Boglehead group that talks more about it. Your concern is about withdrawal rates being to high. Seems like you need to review that issue with folks who understand and use VPW.

I don’t see how collecting data from a bunch of folks who don’t use VPW is going to help.

[DrRoy]

RE in 07 at 57
AA 59/41
Portfolio up about 11% after withdrawls
Fired with 48X expenses, pension of 35% of expenses, no cola
no SS till 70
1st yr WR 1.5%, 2nd 2.2%, next year 2.5%

[racy]

Quote:

Originally Posted by 4nursebee I failed to directly ask in the post, but I was interested in what your withdrawal rate has been.

2.2% last year. Projecting into the future about 2.5%

[Golden sunsets]

Quote:

Originally Posted by 4nursebee I am asking to learn what others find practical. We are planning on using a VPW method. Few seem to withdraw so high a percent, makes me a little nervous. I would like to keep track what others do, have started a public spreadsheet: https://docs.google.com/spreadsheets...it?usp=sharing I would like to know what you do and why you choose that route. If you are willing, please share: When you retired. DH 2008, Me 2017 Age at retirement. DH 62, Me 68 Asset mix or portfolio style 52/42/6 What growth you have seen in portfolio since retirement 3.7% since my retirement 18 months ago, 143% since DH's retirement in 2008 How much you retired with/saved (how many x of expenses) 194X (Net Expenses after cola'd pensions, SS, Disability) pension now or later? Now SS at what age? DH 62, Me 70 SWR: 1.07% 2017, .67% 2018, .56% 20019(estimate) Feel free to message me you info if you do not want to publicly post, I will not put your name on the list. Thank you

1

[aja8888]

RMD forced withdrawals. Averaging around 4%

[youbet]

Quote:

Originally Posted by aja8888 RMD forced withdrawals. Averaging around 4%

RMD only forces you to withdraw the income taxes due, right? You don't have to spend the residual after taxes. That's your choice.

For example, last year was a lower expense year for us for various reasons. We covered everything with pensions + SS. Our only withdrawal was the fed tax withholding I directed as the RMD's shifted funds from our IRA's to the brokerage account. So, WR (for that year) = RMD tax withholding / FIRE portfolio value. I did not include the portion of the RMD that was not sent to Uncle Sam as a "withdrawal." We still have those dollars.

[aja8888]

Quote:

Originally Posted by youbet RMD only forces you to withdraw the income taxes due, right? You don't have to spend the residual after taxes. That's your choice. For example, last year was a lower expense year for us for various reasons. We covered everything with pensions + SS. Our only withdrawal was the fed tax withholding I directed as the RMD's shifted funds from our IRA's to the brokerage account. So, WR (for that year) = RMD tax withholding / FIRE portfolio value. I did not include the portion of the RMD that was not sent to Uncle Sam as a "withdrawal." We still have those dollars.

You withdraw the amount in dollars in your tax sheltered account value @ 12/31/____(year) based on the percentage listed in the RMD table. Then you pay ordinary income tax on that amount based on your total taxable income. What you do with the money not paid in income tax from the withdrawal is up to you.

[Dtail]

Quote:

Originally Posted by aja8888 You withdraw the amount in dollars in your tax sheltered account value @ 12/31/____(year) based on the percentage listed in the RMD table. Then you pay ordinary income tax on that amount based on your total taxable income. What you do with the money not paid in income tax from the withdrawal is up to you.

But effectively aren't you just moving a tax sheltered asset to a taxable asset in your portfolio (less the taxes of course) and thus conceptually this really wouldn't be considered a WR% inclusion.

[youbet]

Quote:

Originally Posted by aja8888 You withdraw the amount in dollars in your tax sheltered account value @ 12/31/____(year) based on the percentage listed in the RMD table. Then you pay ordinary income tax on that amount based on your total taxable income. What you do with the money not paid in income tax from the withdrawal is up to you.

I think we have a terminology thing going on here......

You don't have to withdraw your RMD from your overall FIRE portfolio. You just have to withdraw it from your tax deferred TIRA and move it to another account within your FIRE portfolio, paying fed taxes on the withdrawal as ordinary income.

My point was that you are not forced into withdrawing the entire RMD, just the taxes.