• NotMyOldRedditName@lemmy.world
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    8 months ago

    The safe withdraw for an extended early retirement is 3.5%

    With 4%, while the chance is small, you could end up running out of money.

    Someone did all the numbers for 35-40+ years looking back historically, and there were 4 or 5 years where if you started then and didn’t adjust your plan, you’d run out of cash.

    There were 0 scenarios where 3.5% ran out