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Lokicious said:

"Taxes need to be included on the expense side, which is hard to project, and, of course, in this case we are dealing with inflation to your actual expenses, not CPI-U adjustments—I just allow for a generous margin for error (e.g., if in principal you can get about 40 years at a 3% initial withdrawal rate and 1% above inflation, you figure in reality a 2.5% initial withdrawal rate would be safer)."

Your statement about inflation to actual expenses is a new concept for me. I have just been thinking about protecting the whole nest egg from inflation based on the CPI-U. It will indeed depend on where the expenses are coming from and what part of the country you live in.

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