• bankimu@lemm.ee
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    1 year ago

    Should I pull the plug and RE?

    • Today my investments are 0.5% away from 3% withdrawal rate to equal expected spending
    • Am invested ~50% in growth funds, 43% in S&P, 7% in bonds and money market
    • If I work, I’ll earn ~7% of my NW per year
    • FancyPantsFIRE@lemmy.world
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      1 year ago

      As important as your current expenses, where are you in life? By which I mean, is there a likelihood of radical life changes still (marriage, kids, etc) that might completely upend your calculations?

      • bankimu@lemm.ee
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        1 year ago

        No such radical change is expected. Am midway through my life, that is to say 45.

    • DogMom@lemmy.world
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      1 year ago

      Have you factored in old age costs? Lawn care or household help when it gets to be too much for you to handle on your own. I didn’t factor that and am now thinking I will regret that as I’m currently watching my mom start to decline and need more help.