His name first came into the spotlight in 2011 with a research paper entitled «
Safe Savings Rate: A New Approach to Retirement Planning over the Life Cycle,» and much of his work is still centered on its main concept: That anyone who saves at their own «safe savings rate» will likely be able to achieve their retirement spending goals, regardless of their actual wealth accumulation and withdrawal r
Safe Savings
Rate: A New Approach to Retirement Planning over the Life Cycle,» and much of his work is still centered on its main concept: That anyone who saves at their own «safe savings rate» will likely be able to achieve their retirement spending goals, regardless of their actual wealth accumulation and withdrawal r
Rate: A New Approach to Retirement Planning over the Life Cycle,» and much of his
work is still centered
on its main concept: That anyone who saves at their own «
safe savings rate» will likely be able to achieve their retirement spending goals, regardless of their actual wealth accumulation and withdrawal r
safe savings
rate» will likely be able to achieve their retirement spending goals, regardless of their actual wealth accumulation and withdrawal r
rate» will likely be able to achieve their retirement spending goals, regardless of their actual wealth accumulation and
withdrawal raterate.
The final amount is the figure you need to
work towards before you can quit your job and still pay your bills, be aware though, it's all based
on a
safe withdrawal rate of 4 %
I've posted comments at the Free Money Finance blog
on a number of occasions, helping my fellow community members come to a better understanding of the errors in the Old School
Safe Withdrawal Rate Studies and explaining in general why the discredited Passive Investing model for understanding how stocks
work needs to be replaced with the Rational Model.
They cut so against the typical investing wisdom (which is generally based
on an incomplete understanding of how
safe withdrawal rates work) that most people have a very difficult time believing it can possibly be true.