Reply to Exceeding the 4% withdrawal rate

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I guess I am skeptical of any investment tips that promise more than commonly accepted returns. these things remind me of cryptos. [/quote]

[b]These are backed by the full faith and credit of the US govt— could not be any safer. 
[/b]
What makes it work is he’s not seeking crazy returns, ”just” a inflation-indexed guaranteed income stream, and the spike in interest rates has made older bonds cheap (and has increased interest rates on newer bonds). [/quote]

Tell me you don't pay attention to politics without telling me you don't pay attention to politics.  It is an *express component* of the new GOP House majority to refuse to honor US government obligations if they don't get their way.  [/quote]

This is silly and uninformed.  No this not what they are suggesting.[/quote]

[url]https://www.washingtonpost.com/opinions/2022/11/21/republicans-house-debt-ceiling-treasurys/ [/url]

Quote:  "In October, House Minority Leader Kevin McCarthy (R-Calif.) warned that Republicans are planning to use the debt limit as leverage to demand spending cuts, potentially including Social Security and Medicare."[/quote]

You have made my point.  There is no discussion of not paying us obligations.  Your article talks about cuts to social security and Medicare which will not happen but should.  [/quote]

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