Quote:
Originally Posted by chassis
4% rule of thumb and many other topics are exhaustively covered on the bogleheads and early-retirement sites.
@RickFLM4 do you participate on bogleheads or e-r? Why do you believe a consistent 10% return in retirement is not realistic? What is your asset allocation today?
Separately, large wealth and zero, or near zero taxable income is a possible scenario with a large dividend generating portfolio.
In my view income and wealth, which for me means net worth, are not inextricably connected.
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I'd say (and proved) that 10%+ is possible - but I don't want to bank on it. I don't want the market to determine if I retired too early or not - to that degree anyway. I plan on 3%-4% in retirement and anything else is gravy. I'd rather spend a ridiculous amount on my coffin to spend the rest, that be a Wal-Mart greeter at 85......
