[Kozak]

I think this is a little extreme. Why kill yourself saving for retirement. I can't see myself traveling the world in a wheelchair. I would rather enjoy my youth and retire comfortably. It should not be a matter of dying with a pile of money in the bank. I plan on breaking even when I die.

Neat planning if you can do it. You might survive 6 months after you retire, or you might live 30 years. The amount you are going need to break even is gonna vary somewhat based on which scenario you end up with. Have a crystal ball or a psychic you trust?

[Graybeard58]

You might survive 6 months after you retire, or you might live 30 years. The amount you are going need to break even is gonna vary somewhat based on which scenario you end up with. Have a crystal ball or a psychic you trust?

You are exactly right. If I knew how long my wife and I are going to live I could figure out when it would be safe to start tapping the principle on investments.

Since I don't have a crystal ball I have to plan as if we are going to live forever.