Afford Anything cover image

Ask Paula: The stock market is down - Can I still retire?

Afford Anything

I'm in Great Shape Financially, Thank You. Thank You From the Bottom of My Heart

3min Snip

00:00
Play full episode
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?

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode