Join Early Retirement Today
Thread Tools Display Modes
Check This Out
Old 08-11-2004, 03:38 PM   #1
Recycles dryer sheets
Join Date: Jul 2004
Posts: 170
Check This Out
Tommy_Dolitte is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: Check This Out
Old 08-11-2004, 03:43 PM   #2
Posts: n/a
Re: Check This Out

Most of us here probably have plans that are closer to half of the return that is listed here (6%).

We are all pretty conservative when it comes to financial goals. Figure that you need either twice as much money or spend half as much.
  Reply With Quote
Re: Check This Out
Old 08-12-2004, 09:28 AM   #3
Thinks s/he gets paid by the post
grumpy's Avatar
Join Date: Jul 2004
Posts: 1,321
Re: Check This Out

The numbers in the table seem way too low to me. For example, the table shows that you can retire with $20K of yearly income for 40 years with savings of $303K. That is a withdrawal rate of 6.6%. That equates to a substantial risk of running out of money in less than 40 years. The 4% SWR says you would need closer to $500K to be able to confidently withdraw $20K per year for 40 years.

__________________ can check out any time you like, but you can never leave...
grumpy is offline   Reply With Quote
Re: Check This Out
Old 08-12-2004, 09:35 AM   #4
Posts: n/a
Re: Check This Out

Hello Grumpy! The $303K dwarfs what I started out with. Anyway, that withdrawal rate would work for me as I have nowhere near 40 years to cover.

John Galt
  Reply With Quote
Re: Check This Out
Old 08-12-2004, 11:20 AM   #5
Thinks s/he gets paid by the post
Join Date: Jul 2004
Posts: 1,505
Re: Check This Out

MSN uses 5%.
azanon is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
I was written a bad check, and need some help thefed Other topics 50 04-16-2007 07:49 PM
First Pension Check just arrived txdakini Life after FIRE 11 04-06-2007 10:09 PM
How to verify a cashier's check is legit REWahoo FIRE and Money 68 03-28-2007 08:49 PM
Check your Diamond brand dog food cute fuzzy bunny Other topics 13 01-11-2006 07:05 AM
Health Insurance Info - Check the MIB for $9.00 Telly Other topics 5 09-06-2003 03:37 AM

» Quick Links

All times are GMT -6. The time now is 06:05 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2024, vBulletin Solutions, Inc.