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the good years ultimately have to pay for the lean years so spending a lot more early on would be a bad move . last year and this year so far gains have been less then we are spending so we are running on principal as of now .
the good years ultimately have to pay for the lean years so spending a lot more early on would be a bad move . last year and this year so far gains have been less then we are spending so we are running on principal as of now .
And next year might be worse with a disaster of a President.
Its great theory based on facts of course I doubt if anyone has ever done it over their entire 20 or 30 year retirement career. Need the knowledge and the self control.
I guess if someone learns the 4% rule a few years into retirement they can start it up the following Jan 1.
Probably any year can be year 1 then stop and start over again.
I assume you are correct that no one has followed completely. For one it is designed to get you through 30 years of retirement under very bad market conditions. If you had good market conditions you could have more money than you know what to do with it if you did not adjust your living standard.
I like the 4% rule as an easy way to do early planning for retirement. Say ages 20's to maybe the early 50's (assuming retirement at FRA (66)). As you start to learn more about the 4% rule you will see that it probably does not apply to someone retiring today, but it is a good basis to start the learning process. For those of us that are not into managing the withdrawals a good alternative rule you can use today is the IRS's Minimum Required Distribution tables. They consider annual market results and life expectancy.
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