Does Early Retirement Still Work With 2023 Inflation? Featuring Bill Bengen
The Money with Katie Show
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The Importance of Flexibility in Retirement
When I published my first paper back in 1994, the number I got was 4.15%, and that actually generated a 100% success rate historically. If you spend 100k per year, that breaks down to $8,333 per month. And if you're anything like the average American, your mortgage likely makes up roughly 30% of that total give or take. The point is, there's often a substantial portion of your spending that is likely to be fixed.
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