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A Time-Honored Strategy Puts Your Retirement at Risk of Financial Ruin
- creer 2y agoAnyone found that paper they are refering to but carefully not citing? "A recent academic paper that looks at 38 developed countries’ experience over many decades says that a retiree who wants no more than one-in-20 odds of “financial ruin” should withdraw just 2.26% a year."
- creer 2y agoAh. Found it. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4227132 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4227132 The Safe Withdrawal Rate: Evidence from a Broad Sample of Developed Markets, 2023, Aizhan Anarkulova et al.
- taylodl 2y agoSlow news Friday and WSJ is hanging out some clickbait?
- creer 2y agoThe WSJ article is "slightly" disheveled, but the paper will be useful. Haven't read it yet. Looking for others' reviews. Here is a reddit thread. https://old.reddit.com/r/financialindependence/comments/xt8k18/swr_academic_study_the_safe_withdrawal_rate/ https://old.reddit.com/r/financialindependence/comments/xt8k...
- creer 2y agoOh, here is another "latest one". https://www.mdpi.com/2227-9091/12/4/70 https://www.mdpi.com/2227-9091/12/4/70 Determining Safe Withdrawal Rates for Post-Retirement via a Ruin-Theory Approach, 2024, Diba Daraei andKristina Sendova