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Gambling On Forever by Becky Lower
Gambling On Forever by Becky Lower





Gambling On Forever by Becky Lower

  • They are planning to live on around $80,000 after taxes, so they have pre-tax cash-flow needs of close to 90k per year.
  • They also own a single-family home, mortgage-free, worth around $450,000 today.
  • Their current nest egg is about $1,355,000 in financial assets.
  • Gambling On Forever by Becky Lower

    Becky and Stephen (63 and 64 years old) live in Colorado and retired about a year ago.Heck, with all of that effort already spent, I might as well make a blog post out of it, right? That’s what we have on the menu for today… Background Because there’s only so much time we had on the podcast and I didn’t get to talk about everything I had prepared, I thought I should write up my notes and share them here. In any case, Jonathan and Brad asked me to look at Becky’s numbers because I must be some sort of an expert on Safe Withdrawal Strategies in the FIRE community. I chatted with Jonathan and Brad about my case study results the other day and this conversation should come out as this week’s Friday Roundup episode. I should also mention that Becky recently started her own blog, appropriately labeled Started At 50, writing about her path to FI and RE so make sure you check that out, too. They started at around age 50 and became Financially Independent (FI) in their early 60s and retired a year ago. Becky talked about her experience of a late start in getting her and her husband’s finances in order. It takes forever! I mean F-O-R-E-V-E-R! But then again, there’s always a reason to make an exception to the rule! Jonathan and Brad from the ChooseFI Podcast had a very interesting guest on their show this week (episode 152). It was a lot of work and a lot of back and forth via email.

    Gambling On Forever by Becky Lower

    What? A new case study? I know, I had promised myself to wind down the Case Study Series I ran in 2017/18 after “only” 10 installments.







    Gambling On Forever by Becky Lower