Been reading about safe withdrawal rates in retirement, with the 4% number thrown around a lot.
Can someone explain to me why this is the right amount? This seems like you'd be able to live indefinitely at the 4% spending rate. Does anybody ever do the calculation that allows you to whittle down your huge 25x retirement fund?
Can someone explain to me why this is the right amount? This seems like you'd be able to live indefinitely at the 4% spending rate. Does anybody ever do the calculation that allows you to whittle down your huge 25x retirement fund?
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