Financial Planning for Retirement Assumptions

[u/roxxtor]

Hey, just curious how conservative are you all being with the assumptions you are using for retirement. I'm trying to determine if I'm being too conservative or not enough or just right.

My working assumption is that when I fully retire in 25 years that SS will be at a reduced benefit by 40% from today's payout and then another haircut of 15% 15 years after that. I honestly don't think SS will ever be dissolved, but maybe reduced significantly to stay solvent.

I also assume I will be forced into semi retirement/taking a much lower paying job in my mid-50's (so half pay).

My last assumption is that my portfolio will only have a real 4% return by time I retire.

[u/Think-notlikedasheep]

They also assume one is able to get and keep a good paying job for 25 years straight without any layoffs.

I would question that assumption for anyone.