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The one big assumption, glossed over a little too easily for me, is to NOT loose principle. Obviously you don't want to spend it all but not everyone cares to die with millions and not enjoy some of it while there here.
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I'm not sure exactly where you are driving with this comment. The only way to never risk losing principal is to have your retirement funds in some sort of money market account, which will possibly not keep up with inflation, or to buy inflation protected bonds, which will require a much higher retirement nest egg to provide sufficient income.


I think the original poster was making a comment on the fact that the article was worried about loss of principal rather than on the withdrawals from growth/income+principal being able to be sustained for a certain amount of time. It doesn't matter if my funds drop completely to zero on the day I die unless I wish to leave it to somebody otherwise at that point I no longer have any need for money.
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