Ask Paula: The stock market is down - Can I still retire?
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I'm in Great Shape Financially, Thank You. Thank You From the Bottom of My Heart
My question is as follows. I have about two point four million net worth right now with one million in brokerige, one million in tax deferred, four three b in i ra accounts and 400 thousand dollars in cash,. So i'd like to fire next summer, 20 23. And i anticipate spending about 90 thousand dollars per year, which right now is slightly under 4 %. My question is, if something like that happens and there is a massive crash, is 90 k per year still ok or not?
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