No. of Recommendations: 4
Howie52 writes,

Beyond every 100 year storm is a 500 year storm, eh?


But there may not be a financial planning solution to the 500 year storm. That's why Bill Bernstein observed that cutting your withdrawal rate below 4% doesn't provide that much additional safety. It just increases the chance that nuclear war or a worldwide flu epidemic will be the source of your demise rather than banal financial planning.

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