Sentences with phrase «with changes in the valuation level»
The safe withdrawal rate is not a constant number but VARIES with changes in the valuation level that applies on the day the retirement begins.
http://arichlife.passionsaving.com/
The New School studies say that the SWR varies with changes in the valuation level that applies on the day the retirement begins.
SInce the riskiness of stocks changes with changes in valuation levels, the important thing is to CHANGE your stock allocation as needed to keep your risk profile roughly constant.
The risk / reward ratio of stock investing VARIES with changes in valuation levels.
All you have to do to see that the Old School SWR studies are in error is to take note of how much the number changes with changes in valuation levels.
Not exact matches
It seems like a better way of looking at this issue would be to pick a beginning and end point with average valuations (or at least the same level of valuation) so that the results aren't biased by a change in valuation.