Rambler
Thinks s/he gets paid by the post
- Joined
- Jul 15, 2007
- Messages
- 2,488
Tom, you're probably OK.
BTW, this thread is 2 months old, what did you decide to do?
R
BTW, this thread is 2 months old, what did you decide to do?
R
Maybe I'm a bit of a PIA, but why are you asking folks (including me) what you should do about your future?
If you have planned your "escape" and it is logical for your situation - your life, why do you need some unknown folks to give you "permission" to live your life in the way you want?
Heck, I didn't retire early (age 59) but I did retire earlier than those I "shared a cubicle" with.
However, I was aware of general "guidance" (such as 4%, although it doesn’t mean much in early retirement - see my other posts). The only person I discussed my options with was my DW. Her input and acceptance of my retirement was all that mattered.
Just my POV on your question.
My quick question - Do it or don't?
But one thing to know, we are not dealing here with risk, we are dealing with uncertainty.
....
Some of these things would bite you even if you were working.
Ha
Hi Tom - I am also 45. There seems to be a consensus that 2.5% SWR is OK. The real question is: are you ready to quit your job (that what I ask myself every morning).
I don't think I've felt this way since my first day of first grade at school. Just the fear of the unknown.
Setting aside enough cash to pay for repairs and replacements -- new roof, new A/C unit, new car, major engine overhaul, that sort of thing.What is replacement/repair fund?