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Personal Finance (Not Investing) • Retiring at age 40 with $2.4M

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Middle of the road Boglehead here. Very likely you will be fine, but I'd probably save up an extra $350k or so to get you down to a 3.5% SWR (2% far too conservative).

I'd recommend using Rich, Broke or Dead, as it uses mortality tables. Instead of guessing when you'll be dead, you can take into account the probability of living that long AND being broke (two statistically independent events). You can also add in your SS income to see how it impacts things.

Statistics: Posted by mrspock — Wed Jan 03, 2024 2:28 am — Replies 210 — Views 39439



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