you're better off selling condo and moving to se asia or latin america where $20k/year is middle class.

(http://www.autoadmit.com/thread.php?thread_id=5782618&forum_id=2\u0026show=month",#49321810)

wife and i have $2.2m or so in retirement funds so i figure by the time i go to withdraw any of that, it should be worth 12-15m. or we are about to go into a prolonged bear market and i'm fucked. either way.

(http://www.autoadmit.com/thread.php?thread_id=5782618&forum_id=2\u0026show=month",#49321824)

Are you expecting to retire at 96 or something?

(http://www.autoadmit.com/thread.php?thread_id=5782618&forum_id=2\u0026show=month",#49321830)

plug in $2.2m

and yes i know that prior results, etc. i think the one timeframe that fucks you is if your starting balance starts running from 2000 after the internet bubble burst. in that scenario, you have like $4.5m by 2015. obviously if something like that happens, i'm in some shit. that said, i have like $600k in the Fidelity bitcoin and ETH ETFs in my 401k plan so let's hope that crypto doesn't also go into a prolonged bear market.

(http://www.autoadmit.com/thread.php?thread_id=5782618&forum_id=2\u0026show=month",#49321895)

if i went bust, i'd go be a greeter at wal mart until i was ready to withdraw retirement funds. mortgage is $2600/mo, wife has bullshit WFH internet job making 100k. college for the kids is nearly fully funded. our expenses are pretty low.

(http://www.autoadmit.com/thread.php?thread_id=5782618&forum_id=2\u0026show=month",#49321899)

No wife / kids?

That's maybe $30k of cash annually if handled properly

good luck

(http://www.autoadmit.com/thread.php?thread_id=5782618&forum_id=2\u0026show=month",#49321848)

1 million in brokerage account

50k in bank accounts

850k in crypto

(http://www.autoadmit.com/thread.php?thread_id=5782618&forum_id=2\u0026show=month",#49322444)

Family can figure out their own retirement

$800/month mortgage

Shithole city about the US average cost of living

No known health issues and no care if I were to get any

(http://www.autoadmit.com/thread.php?thread_id=5782618&forum_id=2\u0026show=month",#49322474)

Given that you are poasting from the year 1952 I think you'll be fine retiring on that

(http://www.autoadmit.com/thread.php?thread_id=5782618&forum_id=2\u0026show=month",#49322482)

anyway, i think the bitcoin will make you rich but who knows. that is the real determinant here of whether retirement now is a good idea.

how old are you? that is important. regardless of age, i would feel a little bit nervous retiring on $1m but it could work.

(http://www.autoadmit.com/thread.php?thread_id=5782618&forum_id=2\u0026show=month",#49322531)

Age is early 40s

(http://www.autoadmit.com/thread.php?thread_id=5782618&forum_id=2\u0026show=month",#49322540)

If I were just entering, there's a chance it drops to the 40s, but I would enter with at least half my investment amount around 67k

(http://www.autoadmit.com/thread.php?thread_id=5782618&forum_id=2\u0026show=month",#49322600)

And if you try to withdraw 10% of your nest egg per year, you are going to run out of money as soon as there is a down market. If you retire at age 65, a 4% withdrawal rate makes it unlikely that you will outlive your savings if you live to 95, but you could still be fucked if the market tanks right when you retire. If you are trying to FIRE, you need to be significantly more conservative. Regardless, a 10% withdrawal rate basically ensures that your money will run out unless you retire at 80 or something.

(http://www.autoadmit.com/thread.php?thread_id=5782618&forum_id=2\u0026show=month",#49334690)

For 2025--

Individual plan: $9,200.

Family plan: $18,400.

$1K per month in premiums + $18.4K OOP max = $30.4K max.

> I'm paying close to $40k per year on health care costs alone, and that's assuming that neither of us gets seriously ill.

So you're paying closer to $30K per year on health care costs; whether you get seriously ill does not change that. Once you've hit the OOP max, insurance picks up the excess.

Further, if you know you will hit the OOP max every year, you can shop plans with lower OOP maxes (and lower deductibles) but higher premiums -- it's simple math to determine whether the combined premium + OOP max is cheaper than your current plan ($30.4K). From personal experience, you can likely find something cheaper, perhaps significantly so.

If it's only your wife who has high healthcare costs, you should buy individual plans separately. She should buy an individual plan with a very low OOP max (a Gold or high Silver plan on the exchange). Yes, the premium will be high, but only her's (not yours), and it will quickly cover 100% of her medication costs once you reach the $6K OOP max on her plan or whatever.

(http://www.autoadmit.com/thread.php?thread_id=5782618&forum_id=2\u0026show=month",#49338599)

But the point remains that health care is fucking expensive for early retirees. You need to budget at least $20k-$30k per year for health care expenses alone until you are eligible for Medicare.

(http://www.autoadmit.com/thread.php?thread_id=5782618&forum_id=2\u0026show=month",#49340943)

The risk aversion on XO is off the charts

(http://www.autoadmit.com/thread.php?thread_id=5782618&forum_id=2\u0026show=month",#49331137)

(http://www.autoadmit.com/thread.php?thread_id=5782618&forum_id=2\u0026show=month",#49342084)