If you’re not familiar with the name Bill Bengen, you probably are familiar with his work. Back in 1994, he published his Trinity Study suggesting that a 4% withdrawal rate of retirement savings would be ‘safe’ for most retirees, based on historical financial returns. Bengen – now long retired himself – has been in the news updating his thoughts on the ‘4% Rule’, as he … Continue reading Optimistic Update To The 4% Rule
If you are like me, you sometimes see articles in the personal finance press about people who are very young – in their 30s and 40s – who have quit their jobs and declared themselves FIRE’d (financially independent & retired early). Recently, ABC’s Good Morning America ran this piece on a couple who retired very young and the ‘secret strategies’ they want to share with … Continue reading How Long Can FIRE Last?
This is the post that I haven’t had much interest in writing, but one that quite a few people have asked about. If you look at early retirement forums and financial planning sites, everyone seems to love to talk about portfolio tracking, asset allocation, and withdrawal rates. More than anything, people are concerned about running out of money in retirement and so they are searching … Continue reading Financial Tracking, Asset Allocation & Withdrawal Rate(s)