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.
Probably a good assumption, but not the case for everyone. When DH retired, his employer badgered him into becoming a consultant. Great gig, since he got to work from home, pick and choose his projects, was paid an insane rate at 15 minute increments, starting at the moment he left our door if travel were involved. No more 60-80 hour work weeks on a salary. Even with the intermittent nature of the work and much shorter hours, he still basically made the same salary, plus or minus.
Our industry had so many boom and bust cycles that those with his level of experience are in short supply and high demand. It was a nice surprise.
IP