Ok thanks. I'll withdraw my details and come back another time.
I saw your post before you removed some info and as someone who also lives in the Chicago burbs, I think you're in good shape unless you have some unusual expenses.
........ I should post my details back for other member's opinions at the same high level.
I want to be at the same high level, too.
I think that your plan looks really great, regardless of how much you plan to spend.
Rahm Emanuel, is that you? ...http://www.early-retirement.org/forums/#cite_note-Hendrix_WashPost-0I have to say I was hesitant to post such personal details, even anonymously. So was looking for a quick thumbs up or down.
Rahm Emanuel, is that you? ...
Rahm Emanuel, is that you? ...
observer, I have the utmost respect for bestwifeever's opinion, but you seem to be avoiding the central question: how much will you need to spend in retirement? This leads me to believe you aren't tracking your spending, something that would send alarm bells ringing were I in your situation.
I'm not being critical, simply factual. And there is no need for us on the forum to know your details, but it is very important that you know them. How much you will need to spend on an annual basis is a key detail to answering your question. You know how much you've got but you don't know how much you need...
... I have the utmost respect for bestwifeever's opinion............
observer, [-]I have the utmost respect for bestwifeever's opinion[/-], we all know bestwifeever has never let factual matters and the lack of hard evidence stand in the way of her often-too-positive opinion ...
Great. If you think you have a reasonable handle on how those expenses will change once you retire and FIRECalc says you can withdraw that amount and have an 80%+ chance of survival, then I agree things look good for you.Not avoiding anything, although I appreciate your concern. Spending is tracked to the point of compulsiveness... just didn't post those details.
After you hang around here for a while I think you will find your definition of what spending amount constitutes "normal and modest" differs significantly from others. We have folks who believe spending $40k per year is extravagant and others who do not believe they can survive on less than $120,000.As I said, just normal but modest and thrifty spending.
And those 'high level opinions' (including mine) are worth every penny you paid for them...But others were able to give me their high level opinions.
Me too; it's always sunny for reasonable, moderate people. Only spendthifts, adulterers and experiencers of bad luck lose.I want to be at the same high level, too.
I think that your plan looks really great, regardless of how much you plan to spend.