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by kelnos 1653 days ago
Kinda hard to make that call given you don't know what kind of lifestyle OP is accustomed to, or where they even live.

At any rate, it's not $600k, because OP is going to retire in 30 years. Reasonably invested, I think you could get that up to $2.5M or so by then. And presumably OP won't be spending every cent of income over the next 30 years and will continue contributing to that nest egg, even if modestly.

A 4% withdrawal rate is probably safe if the retirement horizon is only 25 years. On $2.5M that's $100k/yr, which is plenty for most places in the world. Yes, inflation complicates things somewhat, but I think OP will still be fine.

1 comments

> Kinda hard to make that call given you don't know what kind of lifestyle OP is accustomed to, or where they even live.

Well, they are 35 years old and have $600k, which says something.