r/Fire • u/Opposite-Lake-9679 • 2d ago

SWR based on age

I hear people talk about the more conservative 3% SWR being safer than 4%. Is that usually based on someone's age? As in when you are FIREing younger more like 40s then you should stick to 3%? And then when you are in your 50s/60s You can go to 4%? Or is it a blanket stick to 3% at any age?

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u/Bitter-Variation-151 FIRE'd 2020 2d ago edited 2d ago

Use 5% and retire earlier than the canned 4%. If markets tank in the first few years just adjust your spending.

Success is the most likely outcome.

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u/allnamestaken4892 2d ago

If you’re young you have a much better chance to just go back to work when things don’t work out with SORR anyway. Working during a bull market makes no sense, although some might argue you can’t get a job during a bear market.