John... thanks for the info:

>>>The brief answer is…………(nest egg) * 0.04 = x……………In other words, don't draw down on your nest egg any faster than 4% per year. This is a very conservative number, if you retire at the beginning of a bull market (say 1982) you could draw down at 6% and not outlive your nest egg.<<<

This is very close to the links Cameron provided to articles by TMF_Sheard. Sheard said: figure the amount per year you'll need in retirement, and multiply by 20. Under his scenario, you could draw 5% per year, plus give yourself a 3% cost of living increase each year. He ran an example through the early 70s (which included a two-year bear market).


>>>My answer comes from a thread of 23 posts (TMF_Pixy will remember the name of it) that discussed various ways to invest your retirement nest egg.<<<

Good... feel free to jump in here, Pixy!<g>

Regards,

orangeblood