God, those are good graphs maizeman.
Thanks for taking the time to share!
Chance of running out of money before death is 2.4%, less than half what the same withdrawal rate provides at 30.
Wow. That red is such a tiny sliver. Compare that to the grey, ugh.
And people work OMY for several MY worrying about that tiny red slice (which itself can be mitigated via income or cutting expenses). How sad.
I keep coming back to it. What a great illustration.
So I went to help an old client this week. Two nights away from home turned into three, most of the last one spent at the plant, programming on the fly, total seat of the pants stuff. And to top it of I had a toothache. All to make $6k that I don't even need*. I have to get free from this toxic mindset.
* OK, so it's more than that. Yes, they called me because they knew I'd fix it. And I did. And yes, it was gratifying. But I get the same, or better, gratification doing a 50 mile bike ride, and I know which one is better for me, mentally and physically.