1787: [Part 2] Rethinking the 4 Percent Safe Withdrawal Rule by Fritz Gilbert of The Retirement Manifesto
Optimal Finance Daily - Financial Independence and Money Advice
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Rethinking the Four % Rule
The four % rule is a guide line. The model assumes that you have no other income and will never have any other income for the rest of your life. Social security is going to kick in at some point, if nothing else. It doesn't consider when medicare kicks in and reduces your health care cost. And it assumes that your personal rate of inflation will match the overall rate of inflation,. which for the frugal among us is laughable. You should also do some modelling on your actual portfolio.
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