SWR milestone record

[ertyu]

Went to look at job ads for my home town; a casino dealer's starting salary would represent a 4.46% withdrawal rate on my current savings.

[unemployable]

I drew down $2119 in "principal" in 2022. This is to say, proceeds from selling assets that were used to pay expenses rather than be redeployed into other assets. It does not include dividend or rental income, nor does it include income that was reinvested into the same security (in my case, bond interest and dividends in retirement accounts).

So that's a "drawdown rate" of 0.3%.

I think a true "withdrawal rate" should include investment income not reinvested. Adding that back in I get about 1.6%. Adding back rental income (sublet, so not really an investment) gets me to about 2.1%. Maybe I'll do the math to the exact dollar if I'm bored.

One 2023 financial goal is to get that drawdown rate, the 0.3 figure, to zero.

[DutchGirl]

Went to look at job ads for my home town; a casino dealer's starting salary would represent a 4.46% withdrawal rate on my current savings.

You mean you could DealerFIRE?

[WFJ]

Rough estimates below and biased to the high side.

6/1/2016 2.5%
1/1/2018 1.5%
1/1/2019 2.5%
1/1/2020 1.0%
1/1/2021 0.8%
1/1/2022 0.6%
1/31/2023 0.75% (investments down 6% expenses up, mostly rent)

[Viktor K]

1/1/2021 - 301.7%
6/6/2021 - 128.7%
1/5/2022 - 42.8%
6/1/2022 - 27.9%
1/1/2023 - 20.5%

[Lemur]

12/01/2018 - 32.97% [$30,000 / $91,000]
04/30/2019 - 20.34% [$24,000 / $118,000]
05/22/2019 - 17.78% [$24,000 / $135,000]
11/12/2019 - 16.90% [$24,000 / $142,000]
04/30/2020 - 15.21% [$24,000 / $157,800]
08/06/2020 - 12.44% [$24,000 / $193,000]
12/02/2020 - 7.19% [$24,000 / $333,900]
01/01/2021 - 6.81% [$24,000 / $352,200]
07/03/2021 - 4.96% [$24,000 / $484,000]
02/04/2023 - 4.84% [$28,000 / $578,000]

Estimated Annualized Spending / Total Market Value of Investments.

Notes - I used my actual January 2023 spending and annualized it and rounded up to the nearest ten thousand for the 02/04/2023 estimate. Previous estimated spending were just ballpark estimates of where I hoped we'd be at. But reality is different. But good news is, not too far off from actual spending. Considering the inflation hasn't impacted us that much.

Think I'll update in 6 months and see where we're at.