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Retirement Discussions / Retire Early CampFIRE


Subject:  Re: Your Money or Your Life Date:  7/25/2000  10:13 PM
Author:  intercst Number:  13746 of 757415

peteyperson writes,

Geez, how does someone retire at 38.

Bold step to think you are financial secure and will remain so.

Not really. Once you get to where you can live on a 4% of assets inflation adjusted withdrawal, you're "100% safe" as far as running out of money.

If you haven't seen it already, take a look at "Career Advice for Budding Early Retirees" see link:

Was the gain due to the market jumping by so much?

Yes. Particularly two individual stocks in my IRA, Dell and Pfizer. But that didn't happen until after I'd been retired for three years.

