for us; well below expected costs
my prior planning examined multiple years of costs
I used a base of avg + 2 sd along with 25% tax and used fairly conservative returns (2%, 4%, or 6% max) along with inflation of 2% for model. With our savings (couple mil) along with pension, and using max of 3.5% of portfolio, all models showed income well above what we were already spending pre-retirement. as we’ve also relocated, the property tax now is less than half of the prior, we have no sales tax here and, of course, there’s no more commuting cost: net, net we’ve not come close to our expected costs (even after new HVAC, surgery, new vehicle, our WR has been under 2.5% and mostly under 2% and we’ve not even started SS)