Subject: Re: The 4% rule inventor makes some revisions
Retiring is a one-way street. Nobody is hiring a 50 year old man at the salary he was making when he retired early.
We went to a seminar hosted by a Financial Advisor somewhere around late 2000/early 2001.
He said that they had many clients who had quit their well-paying professional & engineering jobs in the tech boom because of how well their investments had done in the tech boom --- and were trying to get back their old jobs when they lost it all in the tech bust. None of them were able to get anything close to what they were making when they quit.