Quote:
Originally Posted by CivicBlues
Monthly or Annual doesn't matter. You're missing my point. 25x your yearly expenses (or 300x your monthly expenses) doesn't set you up for a 25 year retirement, it sets you up for life.
Look up the 4% rule.
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FWIW, it's increasingly looking like 4.5% or even 5% withdrawals are possible but with all retirement planning you have to err on the safe side - you do not want to run out of money at age 90.
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Current: 2019 Acura RDX
Gone: 2007 Acura TSX, 2008 Mazda 3 GT, 2003 Mazda Miata LS, 2008 Mazda Miata GT PRHT, 2003 Mazda Protege 5
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