[Krankor]

I have two thumbs, how about 32,000 a year? Seriously, I can take whatever I want out of my 401K, correct-a-mundo?

[djwright]

I beleive that rule of thumb starts with these assumptions:

retunr on investments 8%
4% to spend
2% for taxes
2% for growth

As you can see it may be less than 4% if you can’t find an 8% ROI.

Also if you don’t allow for growth you will rapidly lose out to inflation.