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Old 03-28-2015, 06:30 AM
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Originally Posted by Petunia 100 View Post
Certainly the portfolio can continue to grow, but we are talking about balance at retirement, correct? "Withdrawal rate" is a function of current balance, not projected balance at some point in the future. Withdrawing at 6.6%, I would not count on the portfolio continuing to grow.
Why would the portfolio cease to grow at retirement? Withdrawal rates consider the portfolio continuing to grow.
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Old 03-28-2015, 07:22 AM
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in fact a 50/50 mix or higher in equities at a 4% withdrawal rate inflation adjusted has resulted in leaving more money than you started with almost 80% of the time.

firecalc has a parameter where you can set a ball park on the amnount you want left in legacy money and it will try to back into a withdrawal rate that would stand a good chance of at least leaving you with that amount as a minimum . with a high degree of success. nothing can be 100%.
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Old 03-28-2015, 07:37 AM
Location: P.C.F
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Well This All Sounds good...( but the majority of Americans never really retire) I retired at 56.. I have 3 pensions my wife has none.. we have around $250K in Investments and both our SS payments .. Our retirement income is about what My ( the primary income when we were both working) Gross income was pre retirement. We sold our home and moved to warmer climates.. We downsized the house ..
We no longer travel really or take Vacations, we live where MILLIONS come to vacation..That makes a HUGE difference.Its fun living where we live.
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Old 03-28-2015, 11:28 AM
Location: Scottsdale, AZ
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I married into a family where just about everyone has or had a government job. Those who have retired are not hurting, not by a long shot.

My husband is the black sheep -- he works for an actual company. This might have put him at a disadvantage relative to the rest of the family except that he's a compulsive saver.

My advice to those who find it hard to be disciplined about saving is to get a government job. The pay is often not great but -- despite attempts at pension reform -- the pensions are pretty solid.
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