Not exact matches
Some people
tell me «oh, if you had just kept your mouth shut about the errors in the
safe withdrawal rate studies, the Bogleheads Forum would still be at Morningstar and Microlepsis would still be posting and we would all be better off.
Imagine
telling someone who planned to retire on January 1, 2000, with a million dollar stock portfolio and thinking that a 4 % «
safe» sustainable
withdrawal rate that sequence of return risk is unlikely to be experienced, the Great Depression was 70 years ago.
Equations for Design The TESWR (TIPS Equivalent
Safe Withdrawal Rate)
tells you how much you can withdraw from a TIPS and / or I Bond portfolio for exactly a specified number of years.
Gummy's equations
tell us to use
Safe Withdrawal Rate numbers that are based on NOMINAL dollar amounts.
He
told them that the highest
safe withdrawal rate from a retirement portfolio was about 4 percent, not the 5 or 6 percent many were using.
He
tells us the sustainable spending
rate, not the
safe withdrawal rate.
To the extent that valuations predict the overall return of the stock market, they
tell us everything about the first component and quite a bit about
Safe Withdrawal Rates in general.