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Reply to "You're going to think I'm crazy"
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[quote=Anonymous][quote=Anonymous] 8% withdrawal rate? Awesome advice if your plan is to live fast and die young![/quote] It's fun to play around with an assumption like an 8% withdrawal rate, based on anywhere from -10% to 12% real portfolio growth, and see how quickly you'll run out of money in each scenario. An 8% withdrawal rate is the kind of outlandish thing my overspending spouse would propose, and now I can respond with data within 20 minutes without doing much mental labor to tell them how silly they are and back it up with data. [/quote]
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