a 4-5% draw rate on a growth-oriented portfolio might work for some.
a subscription to maxiFi could help with simulations to get a clearer sense of potential retirement success.
following to remind myself to read this thread in full later. good luck to the person who started this!
if you live modestly and have no mortgage, $100k should be enough in most places, although kids would change the math.
my goal is around $4.7 million, assuming 3% annual withdrawals. that should net around $120k/year after taxes. easy to adjust based on monthly needs.
instead of straight withdrawal, you could consider covered calls to meet that $10k without affecting the principal.
if you adjust spending to around $60k/year and pick up occasional income, you might be able to stretch that $1.8 million further.
$100k today won’t be the same in 30 years. inflation adjustments are key for planning.
diversifying into real estate could help spread out the risks of a stock-only retirement plan.