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Subject: Re: Question For Intercst...or anyone | Date: 2/13/2013 12:28 PM | |
Author: ptheland | Number: 71386 of 88051 | |
Oops - forgot a point. While it will theoretically last forever, if you don't average 4% earnings on the money, your withdrawals will eventually get pretty small. The difficulty testing your approach is that you need to specify some dollar threshold for the withdrawals where you consider the withdrawal plan to have failed. Where you set that threshold will have a significant impact on the probability of failure. --Peter |
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