NW-Bound
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jul 3, 2008
- Messages
- 35,712
The thing is, when you retire you don't know if you are going to have a run of good years or bad years. So most people pad a bit.
Then if you end up with a string of good years, your safe income from your retirement assets starts to exceeds your spending, and keeps growing. But when you retired you had to plan for the opposite to happen...
+1000
One plans for the worst case, not the best case.