Questioning the 4% plan in retirement

[jazz4cash]

What do you guys think of this 5% withdrawal?

Looks like 5% of year end portfolio value. Very different from the classic 4% guideline. It’s fine if you are ok with variable withdrawals but 17yrs is too short to determine if it’s a good plan.

 

[corn18]

Well. I decided around $250K instead of $400K will get me a boat I can live with. Regarding the townhouse, not condo, I'll probably list it next Spring. Don't see a problem selling it for top $ in South Florida. A townhouse 3 doors down sold in 1 week, last month. Healthcare , I have through a worldwide policy from the largest insurer in Colombia S.A.(Sura) I'm a perm resident of Colombia, also a US citizen. It cost me $150 a month and covers up to $100k per "incident" I have had it 4 yrs now, without a claim.

Dibs on a cabin for two. I want to live vicariously through you. We are trying to convince our friends to charter a 10 day Caribbean cat for 10 days with us. If they won't come, we will go ourselves but it ain't cheap.