Thanks on the crongrats!Congratulations!, you can retire in better shape than many. You have low WR and $25K flexibility in bad markets (e.g. travel less)
You used opensocialsecurity ... The tool has a table output that shows how much you get when she claims, when you claim, when one of you dies... but many people aren't aware of this or don't look at it.
For the social table output, good tip, I saw something a while ago and vaguely remember it. I will have to look again.
I confess I don’t follow you on this one. You likely have a point I’m too slow to get. If in my shoes you do...what? How would your approach help extend cash more than my approach during a long bear mkt? The criticism I’ve seen of the bucket approach often focuses on sidelining too much cash, so maybe I’m not getting your angle here.I'm not a big fan of the bucket system but I know many advocate for it. I'd be really worried that with a protracted bear market I'd have to spend at the lowest points (after a few years) when the cash runs out.
Agreed on TIPS and I Bonds. I will look.Your cash is likely not going to make 5% forever, I think you understand that, not sure if TIPS and Series I Bonds could be part of the answer, but look into them if you have not considered them.
3% SWR is quite safe, and you are quite likely to die with an awful lot of money and you don't have kids to pass it on to (but you may have other beneficiaries or charities in mind). Check out VPW if you have never looked at it, it might help you spend more early while you can enjoy it
I have looked at VPW and have to say I was REALLY intrigued. The plan I posted up top was my first serious attempt, but could see making revisions. Now that I have more breathing room, I might make refinements, like VPW.
Statistics: Posted by MoneyIsTime — Mon Mar 18, 2024 10:27 pm — Replies 16 — Views 1373
