Reply to Exceeding the 4% withdrawal rate

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Reply to "Exceeding the 4% withdrawal rate"

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[quote=Anonymous][quote=Anonymous][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]

Sigh. I guess I have to lay it out step by step.

First, failing to raise the debt limit will result in the US government defaulting on its obligations.  Got it so far?

Second, what I wrote is, "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."  Still with me?

OK, here's where it all ties together.  If the Democrats don't agree to cuts in social security and Medicare, the GOP will refuse to raise the debt ceiling, thereby resulting in the US government defaulting on its obligations.  Which is, again, exactly what I said, and which you said was "silly and uninformed."

I would accuse you of being deliberately obtuse, but this kind of stupidity is so prevalent in MAGA ranks that I'm not at all sure it's not just your natural state of being.  Plus, I doubt you know what obtuse means.

[/quote]

NP. Nobody cares about your never ending political grievances. If you want to spin your wheels talking about nonsense, go post in the political section.

This is a conversation  about a investing and a sustainable withdrawal strategy.  If you don't know anything about Bill Bengen, Trinity study, bonds, TIPS, etc., this isn't the conversation for you.[/quote]

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