Author Topic: For those long FI/ER'd, a question...  (Read 1666 times)

Finances_With_Purpose

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For those long FI/ER'd, a question...
« on: August 24, 2017, 06:06:22 AM »
This is especially for those with 10+ years of early retirement - at least one recession behind you:

Looking back, would you use the same withdrawal rate?  Be more aggressive?  Less aggressive? 

Ozstache

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Re: For those long FI/ER'd, a question...
« Reply #1 on: August 24, 2017, 06:19:11 AM »
You'll probably get more responses posting this question in the post FIRE subforum. Although I'm FIREd, I'm only a noob at 4 years according to your criteria, so no useful comment from me on this just yet!

Finances_With_Purpose

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Re: For those long FI/ER'd, a question...
« Reply #2 on: August 24, 2017, 07:15:27 AM »
You'll probably get more responses posting this question in the post FIRE subforum. Although I'm FIREd, I'm only a noob at 4 years according to your criteria, so no useful comment from me on this just yet!

Good point - thanks for the tip.  Will see about posting there instead...

Finances_With_Purpose

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Re: For those long FI/ER'd, a question...
« Reply #3 on: August 25, 2017, 09:20:35 PM »
I think I'm one of the few people here who have been retired 10 or more years so you might not get many responses. In my case I retired at 42 shortly before the recession and rode it out on cash (laddered CDs and binds) and left investments alone. I had very low barebones expenses, a paid off house, single, no kids, no debt and free medical so was easy for me (and fun) to live on a small amount.  Didn't have to go back to work or do anything to earn extra money. I.also knew I'd get a small gov pension once age 50 so took a lot of pressure off if a long term market crash.

Thanks for responding!  That seems to be a theme among those retired early...they have a military or other government pension.  No such luck here, so I'll have to make my own way.  Thanks again for responding!  I may try my luck over in the FI/ER forum...