Eoghan O'Brien

That's across my IRA and my Roth IRA, my wife's Roth IRA and the 401k.

30 years old.

Thank you.

I feel from what I've been running the numbers with that I'm on the teetering edge of coasting financial independence and I'm trying to best understand my plan with the end in mind.

So how I'm going to turn that nest egg when I retire into income, I found on your website,

a little article that talks about a four to 5% withdrawal rate.

And I was trying to run the numbers around that.

And I thought I was close.

And then about, what was it a month ago, George Campbell released a video that said that the withdrawal rate for a 30 year time horizon should be closer to 3%.

So if I can establish financial independence comfortably, then I was wondering if I could ease up on baby step four to pay off the house faster.

Well, I was trying to back check it because, you know, 3 to 5, I thought that was a big range.

And a lot of the studies I found showed that.

Yep.

Yeah, that was about right.

Um, I have, um, I'm 24.

Um, my wife, we both graduated university and I've been working at the same time for about six or seven years as a user interface designer.

I'm making around $40,000 a year.

Um, currently living in Romania, born and raised.

Um,

Um, we're building our house cash only.