1. Investor retires at age 65 with $1.1 million in qualified retirement accounts and $300,000 in after-tax accounts.
2. Assumes annual Social Security income of $25,000 + spousal of $12,500.
3. 25% ordinary tax rates.
4. Beginning annual spending of $90,000; adjusted for inflation annually by 3.5%.
5. 7% rate of return.
