Quote:
Originally Posted by DAB
long ago, a pretty smart guy (not me) did a study of history, and found that if you limit your withdrawals to 4% or less, you wouldn't run out of money in a 30 year retirement.
my experience has confirmed that over the last 12 years.
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If you withdrew 4% per annum, the principal would last 26 years, not 30 years.
Are you assuming a 3% return, per annum, on the remaining principal?
That would seem to get you to 30 years.