Originally Posted by
Buck Rogers
I submit, that only will you be doing fine, you will be absolutely killing it. Using your 4% withdrawal and a 9.5% ROR on 6M will net you an additional 330,00K a year plus all your other little goodies which you earned (maybe even SS which you didn't include) Oh, I know, that is future dollars and due to inflation won't be worth as much but your egg will be increasing in value by about 500k a year after expenses.
BTW...how did you manage to bring age 65 into the discussion? (rhetorical) And 25M???... never heard that before(also rhetorical)
Because a few posts back $25M egg for a 30 or 35 year DL career was mentioned. (On phone, so not as easy to link post directly) and the point was made that in the post pension era being able to put in more, earlier makes a better retirement than crazy high pay rates for the high FAE on limited fleets / seats.
67 because I've had guys who have more now, with a couple years to go, than I will in 2044 when what I have won't be worth what it is now, telling me that they need 67 to be able to afford to retire.
Edit: It was $30M best case for hired around 23, upgrade around 27 but $15M for "more normal" hired at 30-35
The 9.5% ROR wont be as much when Im in retirement, because as you approach/ enter retirement less equities and more bonds slows growth but stabilizes against crazy market swings.