Quote:
Originally Posted by Mormon Red Death
I figured 6% return on my money until its out... Inflation was assumed to be 2.3% Hence 8000 today is worth ~14,500 in 2039
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I misread your post then. Your planning on drawing out 10,875 (0.75% of 14,500) per month the first month and the withdrawals increase at the inflation rate (your expecting 2.3% per year) while the un-touched amount is growing at 6% per year?