This goal is a moving target depending on what spending level I'm comfortable with, but my best guess is a spending level of $1,800 per month and a 3.6% annual withdrawal rate. This means I need $600,000 in invested assets plus at least $22,000 in savings, for a total goal of $622,000.

Today I'm at around $200,000.This goal is a moving target depending on what spending level I'm comfortable with, but my best guess is a spending level of $1,800 per month and a 3.6% annual withdrawal rate. This means I need $600,000 in invested assets plus at least $22,000 in savings, for a total goal of $622,000. Today I'm at around $200,000.

Posted 9 years ago