I can easily demonstrate how wrong Bill’s math is. First, assume you can access an investment with a fixed real rate of return. One could use a TIPS ladder, for example. In the chart below, I plot the nest egg target as a function of the horizon. All lines are plotte...
the FIRE practitioner would still come out ahead: instead of focusing your energy on leasing BMWs or dressing yourself up fancy, you have learned to live happily and work on your skills, health, and friendships. It’s a package that will make you wealthier in good times and bad...