Hopefully it can happen whenever I decide it's time.
similar to thisCasey TableTennis said:
Goal for financially independent at desired standard of living is in my early 50s. Likely stop working age... maybe late 60s.
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I'm too conservative I guess but if the current low rate environment continues I'm not going to hang it up until my retirement expenses can be met with a 3% withdrawal rate. Like someone else mentioned if I retire in my early 50s healthcare costs are the biggest wild card. I'm not factoring in any social security so if I get any that would be icing on the cake.
Doing this has told me anywhere from $2.5M to $5M to retire between 63 to 67 with life expectancy out to 90.drill4oil78 said:
would suggest many of you run a respected and accurate Monte Carlo retirement calculator to see what you need for the life style you may want when you retire.