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vt90

Joined: 12/12/1998 Posts: 44906
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Withdrawing/Spending 3 or 4% of your retirement savings annually ...


for your living expenses. Your savings should continue to grow but inflation will eat into it, as will withdrawing the principal.

In theory you should be able to live 25-30 years on it though.

(In response to this post by Freddyburg Hokie)

Posted: 04/21/2016 at 4:01PM


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Current Thread:
 
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