[quote=Coronita][quote=svelte][quote=Coronita]
I’ve been running my F.I.R.E. calculators as of the late….Just in case.[/quote]
lol, yeah I wonder how many FIRE folks are getting a little frightened right now with inflation taking off. Some of them may have used questionable assumptions.
I still think it is folly for a 30- or 40- something to think they can project out 40 to 50 years. The world changes fast![/quote]
for me it’s not really just F.I.R.E. it’s slightly modified.
For my retirement will be partly funded by rental income and a return on after tax investments before I’m 65.
after 65, it would be funded by my rental, after tax investments, and IRA/401k.
I think I can pull this off with about a 4% return on investment on the investment of after tax cash. Including the cash out refi.
it’s a fun exercise of futility because it’s unlikely I will retire early now. since I missed my early retirement goals at 40 might as well wait 3 more years and round up to the nearest power of 10[/quote]
Next Power of 10 would be 100. Just found out about rule of 55, can withdraw from last 401k without penalty now. So if I need more money then I expect, I can take out from 401k as well. But I think rental income, dividend income and cashing out my trading account should be enough.