Author Topic: At what age do you want to retire?  (Read 29166 times)

ergophobe

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Re: At what age do you want to retire?
« Reply #75 on: September 14, 2020, 09:48:12 PM »
>>hot tub

Ah, like my sauna dream. I think my wife is responsible for convincing me that maybe you can live a better life by designing a life that includes the things you enjoy and work that, if you don't enjoy, doesn't suck your soul, compared to focusing just on retirement or bust, which is ultimately a negative vision in that it is defined by what you won't do or won't have to do rather that what you will do or can do.

BoL

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Re: At what age do you want to retire?
« Reply #76 on: September 14, 2020, 10:27:19 PM »
>hot tub

I had a pinnacle moment when living in Canada, 2C outside, clear sky, cold beer and hot tub- no worries. I decided this is for me. It's a novelty/vanity thing most likely, but I could probably say I earned it.

Not so worried about retirement while my hands work but tbf my middle right finger seems to have a bit RSI. must be a sign of age :-)

rcjordan

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Re: At what age do you want to retire?
« Reply #77 on: October 22, 2020, 06:16:39 PM »
TL:DR; 5%

The inventor of the '4% rule' just changed it - MarketWatch
https://www.marketwatch.com/story/the-inventor-of-the-4-rule-just-changed-it-11603380557

ergophobe

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Re: At what age do you want to retire?
« Reply #78 on: October 23, 2020, 12:37:29 AM »
Thanks for sharing that. Interesting. I've been rounding the 4% rule down to 3% in my calculations (which are mostly just daydreams rather than plans since neither 3% nor 4% nor 5% currently gives me the life of ease I am shooting for).

Still, the difference between 3% and 5% is huge.  However...

“It’s not a law of nature,” he says. “It’s empirical”

Rupert

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rcjordan

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Re: At what age do you want to retire?
« Reply #80 on: August 19, 2021, 07:10:42 PM »
TLDR: $2.8m

How Much You Need to Retire Comfortably in the 10 Biggest US Cities
https://www.businessinsider.com/personal-finance/how-much-to-retire-comfortably-in-biggest-cities-2021-8

ergophobe

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Re: At what age do you want to retire?
« Reply #81 on: August 20, 2021, 03:18:06 PM »
I'm surprised how many places are more expensive as a renter than as a homeowner. I wish they said what their assumptions were (e.g. house paid off?)