Retired for more than 7 years, what % has your NW increased or decreased?

[pb4uski]

Quote:

Originally Posted by Time2 For those that have been retired for several years, what is the % increase cor decrease in your NW? Years retired____ With pension or SS___ Percentage increase____ Withdrawal rate*____ * of Nest Egg only, if known.

• 8 1/2 years..... Retired in Jan 2012 at age 56
• Started pension that is ~20% of annual spend in 2016
• Nestegg 2% higher today than when retired

  • Part of nestegg went to new winter home (~10%), new garage at summer home (~6%), pay off mortgage on summer home (~10%), new vehicles, etc.
  • NW is 25% higher today than when retired due to addition of winter home, new garage and mortgage payoff from nestegg

• WR for 2017-2019 was 4.6% (average of 2017-2019 withdrawals/retirement date balance)

  • Once we start SS WR will be ~1.5% (withdrawals/retirement date balance)

[street]

Percentage of increase, are you talking NW, or just your portfolio growth?

[calmloki]

We have rental property, so some will claim we are still working (at almost 71), but we are down to 1/2 the units we had and have been spending 1/2 the year in SoCal during the gray winter months and 1/2 in Oregon in the glorious summer, and do have a manager.

Years retired__10?
Using ten years, as by that time everything was paid off, including the home we bought in SoCal to use during the winter months and we were going south for the winter.
With pension or SS___SS sorta?
Ah. perils of unearned income(rentals). I currently get $202 SS after Medicare takes an enhanced chunk, while the Gal, who worked for others longer than I, gets $506 after Medicare subtractions. Pensions? nope.
Percentage increase____NW is up by 2.894 times in that 10 year period
Withdrawal rate*___What we need, which is pretty darn little. I know we spend more on state and federal income taxes than we spend on maintaining ourselves.

[FLD3C]

Retired 7years
No pension or SS
+40% NW
Highly variable WR

[Time2]

Quote:

Originally Posted by audreyh1 Retired over 21 years ago - OMG! no pension, no SS yet. Net worth and liquid investments have more than doubled - but cumulative inflation over 21 years is significant - like 55%. Withdrawal rate - around 3%

Good point about inflation!

[Time2]

Quote:

Originally Posted by street Percentage of increase, are you talking NW, or just your portfolio growth?

I just figured spendable assets. I don't include house. But if you are moving from a HCOL area to a LCOL area, I guess you could use part of it.

[jimbee]

I'm amazed some members were able to quadruple or quintuple their net worth in seven or eight years. That's huge.

[Dd852]

Quote:

Originally Posted by Time2 For those that have been retired for several years, what is the % increase cor decrease in your NW? Years retired____ With pension or SS___ Percentage increase____ Withdrawal rate*____ * of Nest Egg only, if known.

Years = 8
Without either (yet - will have SS eventually)
Cumulative increase +45%
Withdrawal rate = this year 2.6% of current nest egg, which is 3.06% of inflation adjusted starting point. But this year is low for obvious reasons

Over the years have averaged 2.98% of that year’s liquid assets

[Letj]

Quote:

Originally Posted by jimbee I'm amazed some members were able to quadruple or quintuple their net worth in seven or eight years. That's huge.

It would be nice to know how they did it. I am wondering if they were essentially all equities.

[griffithee]

Retired 8 years ago tomorrow, DW retired 6 years ago 1 Dec.
Pensions/ SS: $14K
Increase NW: $500K (Mostly primary home equity, paid off house)
WR: negative, we save 30% of our income

[grasshopper]

I'll bite
Retired 15 years ago @54
Small SS taken @62 cancer diagnosis
Investable assets increased 65%
Never had a SWR but I figured one year to be about 2%

[Offgrid Organic Farmer]

Quote:

Originally Posted by Time2 For those that have been retired for several years, what is the % increase cor decrease in your NW? Years retired____ With pension or SS___ Percentage increase____ Withdrawal rate*____ * of Nest Egg only, if known.

I have been retired for 19 years.

I have a military pension.

My NW today is 4X larger than it was when I retired.

I am not drawing down from my NW.

[Dtail]

Quote:

Originally Posted by Letj It would be nice to know how they did it. I am wondering if they were essentially all equities.

Many members here have minimal WR% vs. being close to 100% equities.

[Offgrid Organic Farmer]

Quote:

Originally Posted by Letj It would be nice to know how they did it. I am wondering if they were essentially all equities.

The first stock I have ever bought was when I founded two corporations [but neither of them will ever go public].

I never owned a 'house' when I was working. We always lived in apartments where I owned the apartment building.

We owned one Multi-Family-Residence at each of my duty stations in the US Navy. Rent money went to mortgage&insurance, and any leftover money went to principal-only payments. We wanted to build tax-free liquidatable equity as much as we could before I retired. Which was when we liquidated that equity and built our retirement homestead.

Now 19 years after getting my pension, I have a new rental real estate, that finally completed renovation this year [2020] [way over budget and far extended]. During this pandemic, it has begun seeing income. As best as I can project. My cash investment into this property is going to be yielding me 15% every year into the foreseeable future.

Right now we are still in debt, every extra penny is going to pay debt. By mid-2021 we should be out of that high-interest debt. Then there was a mortgage that I had to put on my farm [it was urgent so FU, don't judge me]. We will then begin making extra payments to that mortgage. Within 18 months we will be completely out-of-debt.

[Sunset]

Quote:

Originally Posted by street Percentage of increase, are you talking NW, or just your portfolio growth?

Everybody probably has their own definition.
Mine is NW minus what I consider non-retirement spendable like our house, family house, auto's.

Just because we always have to live somewhere, and the auto's aren't worth much but we'd prefer not to walk

[Koolau]

Quote:

Originally Posted by jimbee I'm amazed some members were able to quadruple or quintuple their net worth in seven or eight years. That's huge.

All stock and starting at the bottom of the Great Recession. That would get you close all these years later.



I retired 15 years ago (with modest pension) so my relatively low stock allocation took a hit during GR but was made up by PMs. Just started SS 3 years ago. Smooth ride for the most part but not a big bump at the end. I think my NW (minus personal RE) is only about 25% increased. WR has varied from 2.5% to almost 5%. YMMV

[DrRoy]

Quote:

Originally Posted by Time2 What is the % increase or decrease in your NW?

Years retired____3.5
With pension or SS___36K
Percentage increase____21%
Withdrawal rate*____1.6-2.6%
* of Nest Egg only, if known.

[Ronstar]

Years retired__6.5__
With pension or SS_ - ss only past 3 months__
Percentage increase__19.3%__
Withdrawal rate*__2.3% now__
* of Nest Egg only, if known.

[Midpack]

Quote:

Originally Posted by jimbee I'm amazed some members were able to quadruple or quintuple their net worth in seven or eight years. That's huge.

I can’t imagine how someone would manage a 16% annualized return over 11 years either or similar either.

[Dtail]

Quote:

Originally Posted by Midpack I can’t imagine how someone would manage a 16% annualized return over 11 years either or similar either.

Agree, of course not. Look at how many responses have a 3%WR or less. Therein lies the answer in combination with many poster retirement periods starting in a bull market.