#withdrawal-rate

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#retirement-planning #retirement #4-rule #financial-planning #personal-finance #longevity-risk #nest-egg
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Retirement
from24/7 Wall St.
3 months ago

At 59 1/2, Can I Retire with $900,000 in My 401k and $400,000 Cash?

Having $900K 401(k), $400K cash, a $1,000 monthly pension, and a paid-off home may allow retirement at 59.5; healthcare and withdrawal planning are critical.
Retirement
fromwww.housingwire.com
5 months ago

Most Americans retire without a savings withdrawal plan

Creating a retirement plan that accounts for financial market volatility is essential to preserve savings and sustain a comfortable lifestyle.
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from24/7 Wall St.
1 week ago

I've got $18 million at 40 years old - but I think I want to retire now because I hate my job

A nest egg of $18 million per year is very large. At a safe 3.7% withdrawal rate, the Redditor could spend $666,000 per year. Since the OP said he's spending $300K plus his mortgage payments, he's most likely well below that amount (depending on just how much the mortgage balance is). Since his income needs would be more than met by his savings, there's really very little reason to continue doing work he doesn't enjoy.
Philosophy
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Retirement
from24/7 Wall St.
1 month ago

Can You Retire Early with $2 Million and a Six-Figure Pension?

A substantial pension plus $4.5 million in savings makes mid-50s retirement financially sustainable and greatly reduces longevity and market withdrawal risk.
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