Originally Posted by
DAL 88 Driver
So, if I am getting an annual yield of 12% on a $3 million portfolio, I should be able to take about 80% of $360K, which is $288K per year in retirement income. If I retire at age 60 instead, then the portfolio is worth $2 million and could sustain an average annual income of $192K. In the year 2025, $288K and $192K would convert to 2010 dollars of approximately $213K and $142K respectively.
OK - those check with roughly what I was calculating. So $142k (in today's dollars) is deemed insufficient to retire on? Fair enough. But that's a long way from eating cat food, as so many of our peers proclaim....
And, BTW, as a reminder, your original assumptions assumed both you and DAL put in ZERO dollars between now and age 60-65. Put in DAL's 12-14%, and those numbers will go up substantially. Sounds like you're gonna do just fine in retirement, even without the PBGC and without SS and without any payraise....
