When I was in junior high, we did some project where we drew a design and then carved it in clay, made four identical tiles and painted them. I don't remember much except that I came up with "Lotus 37" as part of the design. And decided that 37 was the "perfect number." I wasn't sure if it was my
favorite number, but it was perfect. (Of course, 42 is also near and dear to my heart.)
If I had to apply it to math and money, it would be that I retire by 37. (Shoot, I have missed that age, and will likely miss it by nearly a decade!)
3.7 million (USD) would be way too much to retire on... I'd have retirement income
higher than what I make now. Nonsense!
3.75% is the rate of the mortgage on my primary residence.
(3.375% is the rate of the mortgage on my rental.)
3.7% might be a good target for a safe withdrawal rate, though. But I'm less conservative, so I might go with 4.2% (or even higher,
gasp!)
Somewhat related, I was listening to the FM radio while commuting, and noticed that the artist name was "
Foghat."