A Reddit user, concerned about his family history of heart disease, seeks an early retirement to spend more time with his family. Despite having millions in assets, he faces the challenge of high annual expenses of $200,000, primarily due to his upscale home in a good school district. With $4.82 million available for investment withdrawal, he must evaluate whether a 3.7% withdrawal rate can sustain his lifestyle, ultimately determining if early retirement is financially feasible.
To determine if he can continue to fund his lifestyle with no downgrades if he retires, it's important to look at the investments he currently owns.
His investments would need to produce $200,000 per year in income, a safe withdrawal rate of 3.7% suggests he could potentially retire.
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