3 responses

  1. Brian W.
    November 9, 2017

    We realize for sure (though not mentioned above) … Nothing is more important than realizing how every plan is personal; each plan must find its unique design. A 25 year old saving to put it all into buying a house in 5 years, has vastly different needs than their parents at 45 getting a house paid off and some money saved for retirement. Quite different too compared to grandparents at 65 aiming to enjoy a safe and satisfying 20 to 30 years of retirement income. BW


  2. Brian W.
    November 9, 2017

    Also a teaser I’ll leave here for now and we’ll see who’s interested. Someone is 75 and planning for twenty years of income to age 95. If their growth averages 5% — and if returns stayed the same which they never actually do – this person could withdraw up to ___% of their savings without running out of money? Bonus: per $100,000 that could safely pay them $____/month? … ((SCROLL TO NEXT COMMENT TO CONFIRM ANSWER.))


  3. Brian W.
    November 14, 2017

    If you’ve pondered comment #2, the answer is: the 75-year-old could start withdrawing 8% of savings. In dollar terms, this would be $8024 yearly per $100,000 of savings (or $660 per month). Over time the withdrawal % rises as income continues and is paid out by age 95.


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