Originally Posted by
NoDeskJob
To those a couple pages ago who were asking about “will I have enough?”
A philosophy/approach is the 3% rule.
what it means is, whatever your nest egg is, as long as you don’t pull more than 3% from it per year, you will be fine.
A read one article where the author ran simulations during multiple decades, including 1929, 2009, and you could do it.
Others have said 4% should be the rule. More conservative.
The 4% rule is the big one that seems to work over many 30 year periods. Unless you are a big spender in retirement, you'll likely end up with more than what you started with. Great if you had kids or a cause you care about. If you're single like me, not so much.