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Retired for more than 7 years, what % has your NW increased or decreased?
10-31-2020, 06:26 AM
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#1
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Thinks s/he gets paid by the post
Join Date: Oct 2019
Posts: 3,672
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Retired for more than 7 years, what % has your NW increased or decreased?
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.
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10-31-2020, 06:32 AM
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#2
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2014
Location: Huntsville, AL/Helen, GA
Posts: 6,002
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When I retired in 2008, the equities had just bombed. 12 years later, I'm far ahead of where I was even prior to the market decline that year. I was fortunate to avoid drawing on the IRA Rollover account until the RMD's kick in 14 years after I retired.
I don't keep records on exactly where I was at when I retired, howeve.
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10-31-2020, 07:03 AM
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#3
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2003
Location: Florida's First Coast
Posts: 7,723
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A lot more, do not know exactly the numbers OP requested, except we do not take SS yet. We do not have a standard withdrawal rate, we take what we need/want. AND, we are only fixed income investors.
__________________
"Never Argue With a Fool, Onlookers May Not Be Able To Tell the Difference." - Mark Twain
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10-31-2020, 07:08 AM
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#4
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Thinks s/he gets paid by the post
Join Date: Dec 2015
Location: Santa Paula
Posts: 4,077
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Years retired__11__
With pension or SS_both approx $70/yr__
Percentage increase_400%___
Withdrawal rate*_2%___
* of Nest Egg only, if known
__________________
Retired Jan 2009 Have not looked back.
AA 60/35/5 considering SS and pensions a SP annuity
WR 2% with 2SS & 2 Pensions
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10-31-2020, 07:13 AM
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#5
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Thinks s/he gets paid by the post
Join Date: Sep 2011
Location: Placerville
Posts: 1,788
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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.
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Retired 7 years as of December 2020, retired December 2012
Pension at retirement age 56 Started SS for me at age 62, Started SS for DW at age 64.
Percentage increase (assuming you mean net worth) 35% of liquidity. Does not include real property
Withdrawal rate 0% (Pension and SS provides enough) However, RMD will be around $50,000 annual at the start. I'm 64 right now.
My raw income numbers are monthly;
Pension $5,600
My SS $2,122
DW SS $1,170
------------------
Inc Tot $8,892
No mortgage, pension pays medical
Something you DIDN'T ask; inheritance. Inheriting can really boost net worth outside your assumption NW grew out of investments and pension/SS underspending. I recently inherited a small amount; $100,000 range. I did not include that in my numbers. However, had I inherited it last year, I probably would have and not made the distinction as I'm doing now.
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10-31-2020, 07:48 AM
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#6
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2007
Posts: 13,228
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https://www.early-retirement.org/for...re-105140.html was a similar thread you might find interesting.
Are you just curious, or are you thinking to use this information as guidance? The future is unlikely to mirror the past.
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10-31-2020, 07:51 AM
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#7
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Thinks s/he gets paid by the post
Join Date: Jan 2017
Location: Des Moines
Posts: 1,389
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In round numbers, our net worth has remained relatively stable, which is my goal at this stage of the game.
__________________
Retired in 2013 and we are living the dream!
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10-31-2020, 08:01 AM
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#8
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2008
Location: NC
Posts: 21,305
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We’re all different so not sure what purpose it serves...
Years retired me 9+ years, DW 1+ years
With pension or SS no pensions, SS still 4-6 years away
Percentage increase about 70%, IOW portfolio is 170% of 9 years ago
Withdrawal rate* including unreinvested dividends 1.0% WR ranging from 0 to 1.7% (Roth conversions). This year and the next 4-5 will be a little higher due to Roth conversions, but WR will fall even lower once we stop conversions and start SS and RMDs. Yes, we should probably spend more...
* of Nest Egg only, if known.
Here's what we're "supposed to" withdraw according to our plan, but we're nowhere near it because we don't spend anything l like what we're "supposed to."
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57
Target AA: 50% equity funds / 45% bonds / 5% cash
Target WR: Approx 1.5% Approx 20% SI (secure income, SS only)
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10-31-2020, 08:14 AM
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#9
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2013
Location: Limerick
Posts: 5,655
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Years retired: nearly 8
With pension or SS: $1,384/mo. SS on hold
Percentage increase: ~300%
Withdrawal rate <3%
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10-31-2020, 08:26 AM
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#10
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,154
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It’s so dependent on when you retired and what markets did afterwards. We are currently after a very long bull market - no indication that the next decade will repeat. Not sure how other poster’s past experiences can inform.
__________________
Retired since summer 1999.
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10-31-2020, 08:48 AM
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#11
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Thinks s/he gets paid by the post
Join Date: Sep 2017
Posts: 1,110
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You might look at firecalc or it’s evil twin and look at 10 year outcomes of portfolios assuming different withdrawal rates over different periods in history. That will give you a more realistic view.
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10-31-2020, 09:00 AM
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#12
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2013
Posts: 11,078
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Retired 7 years. DW gets her SS of $1400 monthly, mine will be 3k in a couple more years, been living on 3% withdrawals no pensions. Nest egg is up 30% since I retired.
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10-31-2020, 09:06 AM
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#13
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Thinks s/he gets paid by the post
Join Date: Sep 2017
Posts: 1,110
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Quote:
Originally Posted by tb001
You might look at firecalc or it’s evil twin and look at 10 year outcomes of portfolios assuming different withdrawal rates over different periods in history. That will give you a more realistic view.
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Just out of curiosity I tried this at 3.5 and 4% withdrawal rates. It’s a pretty useful/informative exercise. There were several periods that the portfolio was down by 50% using 75% equities at 10 yrs.
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10-31-2020, 09:45 AM
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#14
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2009
Posts: 6,698
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I retired ago today. The markets were crashing, so my portfolio's value was down, something which actually helped me quite a bit. Since then, it has nearly doubled (+93%). I am not old enough for SS or o get my frozen company pension. My WR is about 2%.
__________________
Retired in late 2008 at age 45. Cashed in company stock, bought a lot of shares in a big bond fund and am living nicely off its dividends. IRA, SS, and a pension await me at age 60 and later. No kids, no debts.
"I want my money working for me instead of me working for my money!"
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10-31-2020, 09:59 AM
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#15
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Thinks s/he gets paid by the post
Join Date: Oct 2019
Posts: 3,672
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Quote:
Originally Posted by RunningBum
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My curiosity was aroused by another thread. https://www.early-retirement.org/for...ml#post2504740
I'm 2 years retired, We're up about 23% in those two years even with the recent down market.
Yes, we had a great 2012 to 2017 where we had a double, but yep, that is no predictor of the future.
I'm very close to FRA and wife is has about 5 years to go. We should have zero problems. Ah, financially! :-)
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10-31-2020, 11:28 AM
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#16
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Thinks s/he gets paid by the post
Join Date: Feb 2014
Location: Syracuse
Posts: 3,502
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7 years retired.
Small SS survivors benefit for the last 2 years
4% - 5.5% WR
Up 40%
__________________
“No, not rich. I am a poor man with money, which is not the same thing"
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10-31-2020, 11:28 AM
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#17
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Thinks s/he gets paid by the post
Join Date: Jul 2005
Location: Los Angeles area
Posts: 1,708
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Years retired : 14
With pension or SS : No pension, SS just started at 62
Percentage increase : 115%
Withdrawal rate : 4-5%
__________________
learn, work, save, invest, fire
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10-31-2020, 11:34 AM
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#18
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Recycles dryer sheets
Join Date: Jun 2012
Location: San Jose
Posts: 66
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Years retired: 8 1/2 years
With pension or SS: $36K pension annually; SS not yet
Percentage increase: 110%
Withdrawal rate: 1.68%
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10-31-2020, 11:45 AM
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#19
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,154
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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%
__________________
Retired since summer 1999.
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10-31-2020, 12:11 PM
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#20
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Thinks s/he gets paid by the post
Join Date: Jul 2012
Location: Texas
Posts: 3,024
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FWIW...
I've been retired 7 years. DW 4.
We each have small pensions that cover roughly 60% of spend.
SS is still many years away. DW is 60; I'm 59. We'll likely start at FRA (her) and 70 (me). Once we're both collecting, it will be roughly the same as the two pensions, maybe a bit more.
Withdrawal rate fluctuates around 2.5%, almost all of which comes from dividends. We do sell shares occasionally in taxable, but reinvest the same (or larger) in tax-deferred and tax-free. So in effect, it all comes from dividends.
Our combined portfolio is up 36% from the day I told my boss I was going to retire in 2013.
__________________
Retired at 52 in July 2013. On to better things...
AA: 85/15 WR: 2.7% SI: 2 pensions, SS later
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