Can anyone provide the supporting math calculations that deliver they YR 2 & 3 ending balances of 1,069,740 and 1,079,154?
Is there a spreadsheet that does this?
https://advisors.vanguard.com/VGApp/iip ... LDynAppr_2
Vanguard Dynamic Spending Rule - AAII Jan 2017
Re: Vanguard Dynamic Spending Rule - AAII Jan 2017
The link to the underlying research article is broken but if you Google the title you can download the article. Vanguard also has an updated and IMO clearer article on this strategy from Sept. 2016 titled "From assets to income: A goals-based approach to retirement spending" at https://personal.vanguard.com/pdf/ISGELR.pdf
If you follow the illustration in Appendix I, it should be clear how it works.
If you follow the illustration in Appendix I, it should be clear how it works.
Re: Vanguard Dynamic Spending Rule - AAII Jan 2017
Thank you for this info! I don't know how I missed it.