No. of Recommendations: 14
Might I assume that, if invested properly with some other person or group, that might grow, say, to 4 times as much, or 32 percent, by the end of a full year (4 quarter)? If so, could I maybe take 4.5 percent out and be "daring"?

What that means is that you don't understand how to use the 4% rule of thumb, or the assumptions that went into it's development.

If you don't understand those things, then you're like a 3 year old wielding a butcher's knife. It's a handy tool, but dangerous when mis-used.

On the other hand, if you do understand those things but prefer to mis-use it anyway, you're more like a man with a hammer. Every thing he sees looks like a nail.

Again, the problem is not with the tool, it's with how it's used.

--Peter
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