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Author: intercst Big funky green star, 20000 posts Top Favorite Fools Top Recommended Fools Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76404  
Subject: Re: Wade Pfau: 3% is the new 4% SWR? Date: 3/1/2014 9:40 PM
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inparadise writes,

Stocks and bonds go up and down in value, but the money you lose to fees & expenses is gone forever.

And the years he has done better for us is forever compounding in our account,

</snip>


Boy, I hear you on the compounding.

This is my 20th year in retirement. I've always been very careful to limit my exposure to fixed income securities (currently 94% stock, 6% fixed income) and of course, I've never let a financial advisor anywhere near my money.

After last year's run-up in the stock market, my withdrawal rate for 2014 has fallen below 1%. I guess you could say I'm living comfortably on the money I'm not paying a financial advisor.

intercst
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