What if our S&P 500 retiree retired on January 1, 2000 and commenced taking distributions at a 4% rate?Then she has about $407,000 in the portfolio and is taking out $53,600 this year (13.2%). With 20 years to go ????? "guardrails" I like the idea behind some of G/K's rules and work, however, I find a little disturbing that using some of their rules you can't tell the retiree upfront what the "minimum" really is. Thus for risk adverse folks (and those with withdrawal amounts very near their LWYM expenses) selectively chosing the rules is as important as selecting the limit parameters.I favor a "progressive" rule but not just based on the increased portfolio amount but would include re-evaluating the retiree longevity among other changes.
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