Saintor
Dryer sheet wannabe
In my 58th year, still working as a manager but can't wait to FIRE. Our business is going to the toilet.
I played a lot with different calculators (firecalc/********/ficalc/PF Vizualiser) but my reality is a bit different because.... ! When I can set AA. I cheat a bit to bring down the rate of return. I believe that 7% could be about it overall, so I usually use 45% stock (USA based) and 55% bonds
My actual AA is 83% stock returning 7.6% (36% USA, 35% Canada, 12% international) and the rest is cash-like investments that return minimally 4%. No bond. If in recession, I will pull from the cash-like investments, which are more than 5 years of expenses (if on a budget)
My PF is 2.8M and I will touch 40K in SS/pension at 65yo. No healthcare concern because.... ! Partly true, because slow traveling is in the plan, for up to 6 months per year.
Accounts:
74% tax deferred
12% non-taxable
14% taxable
Other goal; a 50% estate at death (presumably at 90yo)
Properties are paid for. No debt of any kind.
The plan is to withdraw 1.4% a quarter, with guardrails (Guyton-Klinger type). I am just fine with those calculations.
Up to 80yo, the hope is to get 170K/yr, taking in consideration the 40K starting at 65yo. From 80 to 90, 100K/yr would be fine.
Would you jump in the FIRE?
I played a lot with different calculators (firecalc/********/ficalc/PF Vizualiser) but my reality is a bit different because.... ! When I can set AA. I cheat a bit to bring down the rate of return. I believe that 7% could be about it overall, so I usually use 45% stock (USA based) and 55% bonds
My actual AA is 83% stock returning 7.6% (36% USA, 35% Canada, 12% international) and the rest is cash-like investments that return minimally 4%. No bond. If in recession, I will pull from the cash-like investments, which are more than 5 years of expenses (if on a budget)
My PF is 2.8M and I will touch 40K in SS/pension at 65yo. No healthcare concern because.... ! Partly true, because slow traveling is in the plan, for up to 6 months per year.
Accounts:
74% tax deferred
12% non-taxable
14% taxable
Other goal; a 50% estate at death (presumably at 90yo)
Properties are paid for. No debt of any kind.
The plan is to withdraw 1.4% a quarter, with guardrails (Guyton-Klinger type). I am just fine with those calculations.
Up to 80yo, the hope is to get 170K/yr, taking in consideration the 40K starting at 65yo. From 80 to 90, 100K/yr would be fine.
Would you jump in the FIRE?