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Reply to "Looks like I need 6.2M to retire "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Sequence if returns risk is why I will probably never feel comfortable retiring. I have enough to retire but not enough to retire into a prolonged down market.. [/quote] My advisor has me keep two years worth of liquid funds outside of the market, so I would not have to tap in if there was a downturn. They have not historically lasted that long. [/quote] There are a couple of issues with that advice. The future is unknown. If you think the future will be like the past, then a downturn can easily last 10 yrs. And your performance is almost guaranteed to take a hit by having money tied up in bonds or cash. I'm not saying that you shouldn't invest in bonds (you probably should), but their is a downside to pretty much every strategy. Reducing your withdrawal rate to 3% or doing one of the variable strategies is what I'll probably end up doing.[/quote]
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