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Why The 4% Retirement Rule Is No Longer Safe

Saturday, December 7, 2013 - 8:22 AM
If current bond returns don’t spring back to their historical average until ten years from now, up to 32% of nest eggs would evaporate early. Mutual-fund managers T. Row Price and Vanguard Group as well as online brokerage Charles Schwab have all issued recent re-appraisals of the guideline.
ShorebreakShorebreak2,694 posts since
Apr 6, 2010
Rep Points: 14,610
1. Sunday, December 8, 2013 - 10:22 AM
Lots of opinions. We have to go with the flow. Lots of free things to do and lots of volunteering that is very fulfilling. 
Ally6770Ally6770941 posts since
Jan 16, 2010
Rep Points: 2,739
2. Sunday, December 8, 2013 - 2:11 PM
Sigh... have a lot to say on this but:

"The best approach to retirement spending is to stay flexible and not adhere to a rigid rule of thumb"

quoted from Rob Williams, Director of Income planning, Schwab Center For Financial Research.

The same guy that made some statement in the above article.

Bottom line: Live frugally before retirement and have the same frugal living after retirement.  Enjoy life before retirement and have the same enjoyment (if not more) after the retirement.  And Forget About All This Non-Sense Debates, coming from people are both bored and trivial.
51hh51hh1,476 posts since
Jan 16, 2010
Rep Points: 6,427