3 ms·
Don't forget that safe withdrawal rate assumes a 30 year retirement. If you are looking at a 40+ year retirement, the safe withdrawal rate is probably more like
by brewdad 5y ago
Don't forget that safe withdrawal rate assumes a 30 year retirement. If you are looking at a 40+ year retirement, the safe withdrawal rate is probably more like 3-3.5%.
- brianwawok 5y agoAccording to MMM https://www.mrmoneymustache.com/2012/05/29/how-much-do-i-need-for-retirement/ https://www.mrmoneymustache.com/2012/05/29/how-much-do-i-nee... > Luckily, the math in this case is pretty interesting: there is very little difference between a 30-year period, and an infinite year period, when determining how long your money will last. You should be fine at 4% forever. If you can spend a little less some years, or go make a few dollars somewhere hey, boosts your odds even more.