1/ We seem to be burning about 16.5k to 17.5k per month. Let's use the middle number 17k, so annually about 204k.
2/ Add about 30k for healthcare through ACA, for a total of 234k.
3/ Most of our retirement savings is pre-tax, so will likely pay about 20% effective taxes, so we will need a total of 292.5k. Let's round it to 300k.
4/
@4% safe withdrawal rate, that will be 7.5m
@3% safe withdrawal rate, that will be 10m
So anywhere between 7.5 to 10m in today's money.
5/ Is this roughly correct?
2/ Add about 30k for healthcare through ACA, for a total of 234k.
3/ Most of our retirement savings is pre-tax, so will likely pay about 20% effective taxes, so we will need a total of 292.5k. Let's round it to 300k.
4/
@4% safe withdrawal rate, that will be 7.5m
@3% safe withdrawal rate, that will be 10m
So anywhere between 7.5 to 10m in today's money.
5/ Is this roughly correct?
Statistics: Posted by trek34 — Tue Oct 22, 2024 11:10 pm — Replies 2 — Views 229