J
John Lee
Guest
Before I found this forum and FireCalc I used to think that the ideal SW system would be to withdraw a constant percentage of the current port balance. I now recognize that although this method would guarantee that I would never run out of money, there could be no assurance that the remaining balance would not shrink to an insignificantly small amount.
However, perhaps there is a place for a hybrid approach to SWR, if a program could be developed that would calculate the fixed percentage of the balance that could be be withdrawn each year, after providing that this withdrawal would never be less than a defined bare minimum amount.
In this way I could "enjoy the good times" without feeling too guilty that I might be squandering tomorrow's milk money.
John Lee
However, perhaps there is a place for a hybrid approach to SWR, if a program could be developed that would calculate the fixed percentage of the balance that could be be withdrawn each year, after providing that this withdrawal would never be less than a defined bare minimum amount.
In this way I could "enjoy the good times" without feeling too guilty that I might be squandering tomorrow's milk money.
John Lee