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tlswms: "Hi all – relatively new to thinking in depth about safe withdrawal rates and have read a fair amount on this and on other MF boards about the topic – one thing I never see addressed is how to factor in the die approaching poor factor…in other words – if x% withdrawal rate gives me x% chance of outlasting my money….doesn't that mean if I use x% as my SWR that I'm likely to die with a hefty amount on the table? What if I wanna leave little to nothing – no kids and have set aside enough to take care of the kitties separately --- leaving it all to charity but not really interested in protecting principal so my charity gets a big chunk….any suggestion on how to factor this selfish attitude into one's planning?"

Unless you know when you will die, it is virtually impossible to arrange that your last dollars pay for you funeral.

If you want to and can control when you will die, then it is easy. <grin>

Regards, JAFO

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