Originally Posted by 3 Yrs to Go
For me that inflection point is an initial WR around 3%.
Years ago......before Firecalc.....so long ago I did the work in Visicalc on an Apple II!!....... I determined that the amount I could safely withdraw from a portfolio to cover a perpetual retirement was 3%. I wish I still had those spreadsheets!
Regardless, I agree, a person with no other income sources than their portfolio, not wanting to do part time work, not expected an inheritance, etc., would be wise to consider accumulating a portfolio that supports a less than 4% WR for a lengthly retirement.