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Spare me the patronizing, petey. After all, I didn't suggest that you read anything, did I?

As I said before, there is no "myth" of a 4% safe withdrawal rate. That number is just what came up based on very thorough tests of the historical data using a particular methodology. If investors and would-be FIREees can't understand what the number means, it is hardly intercst's fault, now is it?

FWIW, I would actually agree with you that one should probably be more diversified than US stocks and US bonds. However, the safe withdrawal studies were not done with other asset classes, so when I am ready to cash in my chips, I will be either looking for a relevant published study or doing my own multi asset class safe withdrawal study.

BTW, it is very nice that some folks weathered the storm. Good for them! However, you cannot expect me to believe that their experiences are more than anecdotal. Furthermore, we are talking about a time period of about three years. I sure hope my retirement is longer than that! I did very well myself over the past three years, but I have no idea if I was lucky or if I actually am a better asset manager than most fund managers. I will have to wait 10 or 20 years to have a better idea.
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