No. of Recommendations: 0
Even if you can't make it on 4% in bear markets it would encourage you to trim expenses instead of blindly raising your withdrawal every year. I went through that in the last two recessions. There's a certain amount I had to take to make ends meet but it was less than the traditional 4% SWR would have allowed. These days I try to take only 3% each year, leaving the other 1% to cover unexpected expenses or big ticket items that I only purchase occasionally. Seems to work pretty well.
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.