My personal situation is that I am planning to retire in a year, and I am now 60/40 as per ERNs' glidepath strategy. I would not be comfortable with 100% stocks at the current CAPE.
I have zero other income for my retirement. No state pension, healthcare is only from the private insurance I subscribe to and I have no rental income from real estate or the likes.
Planning on 3% withdrawal rate as I have 35x living expenses set aside and I live in a tax-free country, and by all the simulations I have ran with ERN's excellent spreadsheet, this is safe in all historical situations, including leaving a min 75% bequest to my heirs.
I have zero other income for my retirement. No state pension, healthcare is only from the private insurance I subscribe to and I have no rental income from real estate or the likes.
Planning on 3% withdrawal rate as I have 35x living expenses set aside and I live in a tax-free country, and by all the simulations I have ran with ERN's excellent spreadsheet, this is safe in all historical situations, including leaving a min 75% bequest to my heirs.
Statistics: Posted by daviddem — Mon Sep 02, 2024 12:33 am — Replies 1 — Views 281