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 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 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 is all about taking intentional breaks from your career to pursue things that you really value and cannot put it off until FIRE.
This article explores the concept of Fat FIRE and Lean FIRE
Introduction I have had Kazuo Ishiguro’s masterpiece ‘Remains of the Day’ languish in my reading list for well over 5 years and only recently had… Read More »Lessons on FIRE from the ‘Remains of the Day’