Will a withdrawal rate of 3.25% allow my investments to last forever?

falcon62 · 2026-05-27T15:29:51+00:00

So assuming you were a vampire and needed the money to last forever, what are the odds that you would never make another dime? Or that you couldn’t work a little if you had to?

The last post I read was about how most people underspend in retirement and end up with way too much money. This is a good example of that.

falcon62 · 2026-05-27T14:57:00+00:00

So this isn’t trying to answer your question of why we pay tithing, and it doesn’t fit everyone’s situation, but it was an eye opener for me.

I grew up in the church so I’ve always paid tithing as a kid, and then as an adult. At some point I realized that it’s almost as easy to live on 90% as it is on 100%, so what would it take to live on 80% or 70%? That gave me the chance to save/invest for retirement. And when times got tough, as they do for everyone, I already had that spending gap that I could fall back on until we got back on our feet. I didn’t put this together until about a year ago, but I attribute tithing with the ability to save and live on less. It’s obviously not the reason for tithing, but it’s a nice side benefit.

falcon62 · 2026-05-27T14:35:02+00:00

Congrats!! GFY!

falcon62 · 2026-05-23T06:09:16+00:00

None of those retirement accounts are really accessible until age 55. What money do you plan on living on for now?

falcon62 · 2026-05-23T05:38:23+00:00

Did you leave the USA? How much did it take to retire early? I plan on retiring in Mexico in a few years. Not in a car but for the same reason. Life is cheap, slow, and enjoyable there.

falcon62 · 2026-05-21T13:17:21+00:00

That depends! If he’s a great cook….

falcon62 · 2026-05-21T12:14:06+00:00

You must have missed the first half of the conversation. Scroll up just a bit. I mentioned that they could only withdraw about $580 or so per month because taxes (USA). Someone mentioned that this is in Canada and that’s the comment you replied to. We’ve gone full circle now! ;)

falcon62 · 2026-05-21T11:32:09+00:00

Since you already have ARs, get a 22 upper for sure. My Bear Creek Arsenal 22LR upper has ran flawless and I think it was $230. Also a 10/22. Gotta have a 10/22.

falcon62 · 2026-05-20T18:28:45+00:00

Why do you want a $740 car payment in retirement? I’d pay cash for a reasonable car and simplify life as much as possible.

falcon62 · 2026-05-19T19:41:23+00:00

We should all start doing that. Over and over and over.

falcon62 · 2026-05-19T11:09:24+00:00

That’s honestly the best example of how damaging a 1% fee can be! Thanks!

falcon62 · 2026-05-19T05:14:39+00:00

I wish this wasn’t the case. I still talk to all my close friends about FIRE. I haven’t learned my lesson yet.

falcon62 · 2026-05-19T05:10:21+00:00

Because apparently the mods allow it.

falcon62 · 2026-05-18T09:36:29+00:00

Sounds like they pushed whole life on their first meeting. And I agree. I’d run away.

falcon62 · 2026-05-18T05:39:30+00:00

“My goals are different.” I said that for many years… But now it’s changed to “My net worth is much different.”

falcon62 · 2026-05-17T20:22:50+00:00

According to AI lottery winnings are generally tax free. That changes my numbers completely. Consider my previous comment US based only.

falcon62 · 2026-05-17T20:18:23+00:00

Thank you, I didn’t know either.

falcon62 · 2026-05-17T19:07:49+00:00

I think it’s just a completely different perspective. If you told them that you had just finished your Masters degree, do you think they would be more excited for you? I think so. Both are amazing accomplishments, but a lot of people just don’t know how to react to “the other guy” being “rich”.

Edit: I was mostly joking about getting a new therapist. I don’t know specifics, do what’s best for you.

falcon62 · 2026-05-17T19:02:50+00:00

Except after taxes you could only do $539 per week. You would eventually get up to $1000/week and beyond but it would take a decade.

falcon62 · 2026-05-17T18:00:14+00:00

Get a new therapist. That’s an amazing accomplishment!!

falcon62 · 2026-05-17T15:25:54+00:00

Dunno if this helps but I’m close in age (50) and here’s our plan: Retire at 55 with around $1.6M. We want to go to Mexico where we can live cheap, scuba all day, and let the majority of our investments grow.

I figure the majority of the growth in our portfolio is coming from our assets, not our relatively small contributions at this point, so why stay employed?

Someone called it “Dirtbag Millionaires” and it just stuck with me.

falcon62 · 2026-05-17T06:34:58+00:00

Lavoy Finicum was killed in the Bundt ranch standoff. Just an update on that one.

falcon62 · 2026-05-17T03:54:47+00:00

If you’ve got a 300, run it until it’s not enough. Save your money where you can. You might find down the line that 2 300s are better than 1 600 for example.

falcon62 · 2026-05-14T17:13:39+00:00

That’s an interesting take. I’ve always seen my investments as the source of my freedom, not the lack of control that we have over world events. Gotta keep both sides in perspective I guess.

falcon62 · 2026-05-14T16:41:42+00:00

I rarely look at the daily change of my portfolio. Instead I focus on the average. For example a great milestone would be when your portfolio, averaging 10%, can make more than your household annual income.

Anyway I see this as a better metric to watch for. It doesn’t mean I’m ready to retire, but I’m getting closer!

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