Read? The Impact of Guaranteed Income and Dynamic Withdrawals on Safe Initial Withdrawal Rates Walau! Those experts are making retirement planning so complicated and full of formula and probabilities. So far Uncle8888 has find this model for retirement planning easier to plan and understand. Less Analyzing. More Retiring - CW8888 Read? Romance of retirement very much alive The way Uncle8888 plans for his own retirement to build sustainable retirement income for life is ... Step 1 : Know your past annual household expenses. The longer historical data will be more useful and practical guide to forecast how much money is enough factoring inflation. Step 2 : Don't be afraid to include asset draw-down strategy as part of cash flow to fund future expenses when necessary. This will be the Mother of high probability of success in your retirement planing. Step 3: Include other sources of cash flow e.g. investment income; ad hoc, part-time or free lance income ......