No. of Recommendations: 1
If you prefer to invest it and let it ride, and perhaps don't want to have to deal with managing your money, and you want to obey a 4 percent (or some other) "rule", and that WORKS for you, then by all means go ahead and do that!

However, if you perhaps feel, as I do, that you'd prefer to think about what your money is doing, and prefer to learn about how to manage it yourself, why not do that, instead?

Well said. I think it a mistake to assume that there is only one way to achieve financial security. I think there are many ways, some work better than others, but a person always should consider the possibility that there's more than one way to skin a cat.
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