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Nobody that I know of ever said that 4% was a firm and fast rule that would be perfect for all people all of time.>>>

From the URL: "But the approach of choice for many financial advisers happens to be the 4% plan, which, in essence, says you can realistically afford to spend 4% of your wealth in retirement each year."

First, the article does not even state the 4% SWR accurately (which was 4% the first year, adjsuted by inflation annually thereafter - NOT 4% of the total balance, which may generate decreases in annual income if the returns on the portfolio are bad), and second it ignores the caveats that go with the SWR, survival defined as 30 years, and a portfolio allocation of, IIRC, 60% equity index fund and 40% MM/fixed income funds.

Second, I agree with your first statement - "Nobody that I know of ever said that 4% was a firm and fast rule that would be perfect for all people all of time."

Regards, JAFO
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