One Line
The forum debates the possibility of early retirement with a 4% annual withdrawal rate and discusses the 30-year timeframe of the 4% rule, with the author admitting their own earnings.
Slides
Slide Presentation (11 slides)
Key Points
- The discussion is about the feasibility of retiring early and withdrawing 4% of one's portfolio annually without any other sources of income or benefits.
- Some participants argue that the 4% rule is designed for a 30-year retirement.
- The author admits to earning around 10%-14% in investment earnings and relying mostly on indexes.
- Some participants suggest having additional sources of income as a safety net when retiring early.
- Some individuals prefer using future data rather than historical data to determine the safety of a 4% withdrawal rate in early retirement.
- Different individuals in the forum discuss their plans for financial independence and early retirement with various withdrawal rates.
- One user points out that the amount one can withdraw in retirement depends on the size of their nest egg.
- Forum users also discuss how having children can impact financial plans and express concerns about unpredictable expenses.
Summaries
31 word summary
The forum discusses the feasibility of retiring early and withdrawing 4% annually without additional income. Some argue the 4% rule is for a 30-year retirement. The author admits to earning around.
41 word summary
The forum discussion revolves around the feasibility of retiring early and withdrawing 4% annually from one's portfolio without additional sources of income. Some participants argue that the 4% rule is designed for a 30-year retirement. The author admits to earning around
386 word summary
The discussion is about whether or not it is feasible to retire early and withdraw 4% of your portfolio annually without any other sources of income or benefits. Some people argue that the 4% rule is designed to cover a 30-year retirement and
The author discusses their investment earnings, admitting that they have never earned close to 30% in a year and usually earn around 10%-14%. They acknowledge that they may have some losers in their portfolio but most of it is in indexes. They
The discussion revolves around the idea of retiring early with a 4% withdrawal rate. Some participants believe that 4% is safe, but also suggest having additional sources of income as a safety net. They argue that if one has the work ethic and
Many participants in the forum discussion feel that a 4% withdrawal rate is safe for early retirement. Some individuals, however, prefer to use future data rather than historical data to make this determination. Some people believe that relying on historical data is a mistake
Several individuals in the forum discuss their plans for financial independence and early retirement (FIRE) with different withdrawal rates (WR). One user intends to retire on a 5% WR, while another's wife wants a 3% WR. Another user
The author discusses the high cost of sending their three children to school, including expenses for school uniforms, a laptop, and braces. They mention that although they are on the verge of financial independence, they will need to find a part-time job to cover
The discussion on the forum is about whether it is possible to live on a 4% withdrawal rate in retirement. One user points out that the amount you can withdraw depends on the size of your nest egg, and it is easier to live on
Can we estimate the expected social security benefit for an early retiree? My wife and I have both worked enough years to qualify, but not enough to get the full amount. Social security is underfunded, so cuts in benefits are likely. The
In a discussion about financial independence and early retirement (FIRE), forum users share their thoughts on how having children can impact one's financial plans. One user expresses concern about the unpredictable expenses that come with raising kids and believes that a larger safety margin is