• LastYearsPumpkin@feddit.ch
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    9 months ago

    Depends on how old you are when you retire. 3-3.5% is much safer if you are like 20yo and never want to (or can’t) work again.

    4% is plenty safe if you are 65yo. Once you hit 80+ your expenses are probably going to be pretty low, you probably own your house, probably aren’t traveling much, and you don’t really need more “stuff”.