aj485 writes,As one nears retirement, a common goal is to have 25 times the initial expected annual expenses during retirement earmarked for retirement. By saying that one has to reserve 53% of the account value to guard against the largest possible downside volatility, you are advocating holding more than 13 additional years of expenses in reserve.If you're retiring on a 60% stock/40% fixed income portfolio, and a 4% initial withdrawal, you already have 10 years' worth of living expenses in "safe" fixed income instruments -- especially if you use Treasuries or FDIC-insured CDs.intercst
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