Yup. I assume a higher tax rate than likely reality, neglect 95% rule or other spending adjustments, neglect the fact that I am better diversified than FIRECalc provides for, assume only 75% of my SS benefit, neglect a likely mid-6-figure inheritance, don't consider 100% equity in two houses, and don't consider consulting income.
With all that I'm still targeting a 4% WR (dropping to 3% when SS kicks in), and yet I am well over 100% success in FIRECalc. So yes I'm taking a a lower WR than my SWR [side rant - please get your WR/SWR terminology right!] but not 2.x%. I have cataloged where I am being conservative and understand each assumption, and I can add most of them back into FIRECalc to understand my real SWR.
I get a little concerned that this talk about 2.0-2.5% as some kind of SWR (IT IS NOT SWR, IT IS A WR) might lead lurkers to work much longer than necessary or even prudent. Kind of in conflict with the whole concept of ER.org.