Voluntary 2nd pillar contribution / our story

[FIRE-evening]

@Barto

Another way of looking at it. The trinity study suggests that if you own bonds and stocks and the expenses you withdraw from them are >4% p.a., there is a more than insignificant chance you will run out of money within 30 years

Your house is not generating an income so your expenses would all have to be paid from withdrawals from bonds and stocks. If annual expenses are >4% of their value you would have a problem

This is exactly what I meant and I think this can be compensated by excluding the house from the net worth (except for the fact that I can live more cheaper compared to if I’d rent a similar house). Alternatively as suggested above, include additional “fictive” expenses into the calculation for the FIRE amount…

@dbu

One thing to not forget to account for is the bit of extra 1st pillar kicking in at usual retirement age.
Are these included in the calculations?

Agreed - this has not been considered.