Recent content by RgrGd

The short answer is no because I know I only have about 15 seconds of your time. Within that time frame: 1) Living below their means (and letting the rest compound). 2) Recognizing that wealth includes more than money (enjoy life). 3) Do it, but have a plan B (& maybe C). 4) Recognizing that...

I am not too surprised about the Kaderli story. Maybe some of their income is book royalties. They do have a real message to tell. Too bad more are not listening. I am in my 20th year of retirement and doing well. If I had know about the 4% rule, I may not have done it. There are powerful...

If you have the Excel spreadsheet, click on Tools, Easy Calc, Other, Financial. There you will find a formula PV(payment, rate, term) Make sure the 3 variables are all stated in the same time frame, i.e., years and as others point out, the PV - Present Value is at the start of the payment...

On the life expectancy issue: I was assuming someone retiring at 60 & would live a max of 40 years. Pick your own #. I think you should pick the max. year and not change it. On the large changes in WDs: The formula calculates the 'best' WD each year. You are free to change it (within reason). I...

One way to look at the question of SWRs, asset allocation, how much do I need to get all FIRE'd up and stuff like that is to break the problem down into simple pieces, understand the basic mechanisms, then add complexity and real world considerations. The tool for doing this is the formula used...