Is 3% the new safe withdrawal rate for retirees?

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floydtime
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Re: Is 3% the new safe withdrawal rate for retirees?

Post by floydtime » Fri Feb 15, 2013 1:23 pm

Is 3% the new safe withdrawal rate for retirees?
If you count SS as part of your portfolio, perhaps.

If you don't count SS, then I'd say 5-6% or higher is safe for many people.
"Do not value money for any more nor any less than its worth; it is a good servant but a bad master" - Alexandre Dumas

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Abe
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Re: Is 3% the new safe withdrawal rate for retirees?

Post by Abe » Sat Feb 16, 2013 10:52 am

steve roy wrote:How about: "Nobody knows what a safe withdrawal rate is. Might be 2%. Might be 4.8%. Come back in 43 years and find out."

You make a calculated guess and hope the guess is right.
The trinity study, like all academic studies, is based on the past. Everyone here knows that past performance is no guarantee of future results. The fact is, nobody knows.
Slow and steady wins the race.

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