No. of Recommendations: 0
This turns out to be far superior to the liquidation strategies.
For all time????

Perhaps for recent history this is true, but I don't believe it has always been that way for the past---why would it be that way for all of the future?

It should be. Logically. It certainly has been since 1950 when companies became serious about retaining dividends, keeping payout ratios below 100%.

The key is that the mathematics changes when you make withdrawals. The probability distribution of dividends is stable, capital appreciation is highly volatile.

Look, you can't just make a handwaving argument and expect it to be accepted. That is the *starting* point of the discussion, not the *ending* point. Where is the monte-carlo analysis? Where is the historical analysis? You have to back up your argument with data, no just mere assertion.

I have a whole web site in which I establish every detail. It has over 600 pages of research over the past six years. I am not hand waving. I have done the equivalent of the Trinity Study dozens of times. I have documented my findings. I have made them available for scrutiny.

I do all this at my own expense, without advertising of any kind. I make my calculators available for free download from my Yahoo briefcase.

I generally use the Historical Sequence method although I have also developed Monte Carlo simulators (such as the Scenario Surfer).

Have fun.

John Walter Russell
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.