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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]There are lots of ways to tap 401ks and IRAs early without penalty.

In any event, $4 million in investments at 48 is fantastic. You don't need to invest anymore. At 58, you'll conservatively be able to draw over 300k a year without touching the principal. Even now, you could draw 160k a year without touching principal. [/quote]

That's assuming we don't have a pull back, which will happen at some point. [/quote]

You mean a down market? No, this assumes down markets. The 4% rule was derived from nearly 100 years of data, which includes lots of down markets. And I project a 7% annual return over the next decades, which is conservative and draws from nearly 100 years of data.

My estimates are conservative and account for downturns. [/quote]

I understand that. But we could have a downturn soon. And that could leave OP open to greater sequence of return risks. We are staying the course right now to secure a big enough portfolio that can withstand a significant correction and still be able to pay the % we need to live a good life in retirement. [/quote]

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