Hi, I'm using a throwaway account for privacy reasons. My wife (40s F) and I (40s F) are close/at FIRE, and we have a child (high-schooler). We're planning to shift from accumulation to decumulation (yay, FIRE!). However, the mechanics of the RE part is hard/scary and we're worried we don't know what we don't know.

Some stats:

Liquid NW (excluding home equity, investment property): 6.4M

Taxable brokerage: 4.8M

401k/IRA: 1M

Cash: 0.6M

Not included in the above:

Investment property: 0.4M (no debt), brings in ~15k a year after expenses

Home property: value: ~1.3M, equity: 0.65M

Yearly expenses w/o holiday: 155k

Includes mortgage payment, property tax, HOA, car maintenance & gas, groceries, utilities, shopping, charity, pets, hobbies etc

We tracked our expenses for 2 years and it's been fairly consistent

Planned expenses during retirement (not included above):

Healthcare: 40k (we max our family OOP every year)

Tax: 30k (most of our taxable brokerage is high basis, so capital gains shouldn't be too…