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The Ideal Withdrawal Rate For Retirement Does Not Touch Principal

Friday, August 23, 2013 - 9:22 PM
If you have tremendous money strength, you will never have to draw down on your retirement principal. Your goal, if you choose to accept, is to create an estate that will provide for your loved ones long after you are gone.

The Ideal Withdrawal Rate For Retirement Does Not Touch Principal | Financial Samurai
3
ShorebreakShorebreak2,362 posts since
Apr 6, 2010
Rep Points: 12,562
1. Saturday, August 24, 2013 - 1:00 AM
Bottom Line: A lot of Math to go through with little to gain; at least for me.

Key Point: "If you have tremendous money strength," you will never bother to go through any Math like this and live happily ever after.:D  Rhett would say, "Frankly my dear, I don't give a ****."
2
51hh51hh1,460 posts since
Jan 16, 2010
Rep Points: 6,346
2. Saturday, August 24, 2013 - 5:14 AM
To quote Yogi Berra, "It's deja vu all over again", but it is a good article and worth reading a second time.

http://www.depositaccounts.com/fo...ncipal.htm
2
pearlbrownpearlbrown1,356 posts since
Nov 2, 2010
Rep Points: 5,954
3. Saturday, August 24, 2013 - 9:13 AM
To quote Yogi Berra, "It's deja vu all over again", but it is a good article and worth reading a second time.

http://www.depositaccounts.com/fo...ncipal.htm

Good catch, PB.:-)

As you can see, it is giving me the same headache, if not more, this time.

My reaction: If one wants you to go through so much black magic numbers, one has to at least provide some benefit afterward.  In this case, I got zero entropy from it.

1
51hh51hh1,460 posts since
Jan 16, 2010
Rep Points: 6,346
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