Great breakdown of how a static 4% became gospel when it was really just Bengen's worst-case stress test. The sequnce of returns risk point is huge especialy for early retirees who dunno if they're hitting a bull or bear market first. I've been leaning towards guardrails myself since market conditions change way faster than most people adjust their spending habits.
Great breakdown of how a static 4% became gospel when it was really just Bengen's worst-case stress test. The sequnce of returns risk point is huge especialy for early retirees who dunno if they're hitting a bull or bear market first. I've been leaning towards guardrails myself since market conditions change way faster than most people adjust their spending habits.
Sounds like a good plan to me :)