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https://boards.fool.com/the-5-rule-of-thumb-for-cashout-in-retirement-is-11216471.aspx
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| Subject: Re: 5% Retirement Rule of Thumb Calculations | Date: 9/1/1999 7:33 PM | |
| Author: jvanscoy | Number: 13601 of 102460 | |
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The 5% rule of thumb for cashout in retirement is a conservative value that should work in almost all instances. Understanding what the cashout number means helps to understand when even 5% may not work. Did you ever hear the one about the guy who drowned in a river that was only six inches deep on average? Try this web site for a definitive study on the question of safe withdrawal rates. The safe rate is between 3% and 4%. "http://home.earthlink.net/~intercst/reindex.html" Regards, Jim |
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