The 4% Rule – part 3
I validate the 4% Rule using Monte Carlo Simulation and find surprising results. Looks like the 4% Rule is not a Rule afterall!
December 2019
The 4% Rule – part 2
The 4% Rule is based on studies that have many Flaws.Retirement planning based on these flaws can be fatal! This article suggests an alternative.
The 4% Rule – part 1
The 4% Rule so to speak is based on a few research papers that are based on data analysis of historical returns. The FIRE community makes the mistake of treating it as a Rule per se whereas in reality it is just an expectation based on historic information. The 4% Rule is a statistical Model and like all statistical models, it is wrong but could be useful.
Mini Retirement
Mini-retirement is all about taking intentional breaks from your career to pursue things that you really value and cannot put it off until FIRE.