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Yes but if you've been happily spending 4%, which turns into 8% because the market is down 50%, do the math on that.
by tardo99 8y ago
Yes but if you've been happily spending 4%, which turns into 8% because the market is down 50%, do the math on that.
- ryanmercer 8y agoThe % is based on the original amount, inflation adjusted, and yes you absolutely should tighten your belt during down years. Your argument is given ad nauseam, there's article after article, reddit thread after reddit thread, blog after blog explaining why your concern is a non-issue.