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Between the Trinity study, FIRECalc, and a healthy discussion about bond tents - plenty of folks are taking volatility seriously. For every blogger trying to “
by teej 7y ago
Between the Trinity study, FIRECalc, and a healthy discussion about bond tents - plenty of folks are taking volatility seriously.
For every blogger trying to “retire” on $300k there’s another person targeting a 3.5% SWR with a well balanced portfolio, quietly waiting out the boring middle. The former gets more press but I suspect the latter will survive the next downturn just fine.
- emit_time 7y agoYeah, and people also need to cover the alternative. If you don't retire early and don't save a significant portion of your income, are you still going to be protected from massive medical bills? Having a job isn't going to protect you from a lot of things. What if you become disabled and find yourself no longer able to work? What's the cost of stress etc on your happiness life... Not saying one is better than the other, just that saying "what if???" a bunch of times doesn't mean the other situation is any better. I'm sorry if this sounds attacking in any manner, I think it's important to consider that there are risks in both sides, and that having a job isn't going to protect you from lots of things.
- hogFeast 7y agoIf you are using a fixed withdrawal rate, you don't know what you are doing. Sorry, it is just that simple.