Sentences with phrase «average safe withdrawal»
The average safe withdrawal rate for all those 200 + retirees is, believe it or not, 7 %!
http://moneyboss.com/
It's called The 4 Percent Rule Points Us to the Average Safe Withdrawal Rate.
The average safe withdrawal rate is 5 %.
Not exact matches
Seems to me that if you figure an average 4 % withdrawal is pretty safe, you could just start taking out that amount each year.
Where I'm from (Brisbane, Australia), where weekly rents run at about $ 400 for an average place, assuming a 4 % safe withdrawal rate, that would mean your first $ 500,000 in Vanguard or whatever doesn't count as an «investment» as all it's doing is paying your rent.
Since average return over time is insufficient to determine a safe withdrawal rate, it's fun to create simple «retirement models» from the data.