Does the 4% rule, or any withdrawal rate% calculation include phantom assets in calculation of one's net worth?....
i.e. phantom assets defined as the theorhetical amount of money in a fixed asset to produce an income stream equal to what one receives from a pension or social securuty......
FOR EXAMPLE a $1200 per month social security payment is equivalent to having approximately $411,428.00 in a fixed instrument paying 3.5%.
Should this sum be included in one's net worth to calculatrd a 4% withdrawal rate?
i.e. phantom assets defined as the theorhetical amount of money in a fixed asset to produce an income stream equal to what one receives from a pension or social securuty......
FOR EXAMPLE a $1200 per month social security payment is equivalent to having approximately $411,428.00 in a fixed instrument paying 3.5%.
Should this sum be included in one's net worth to calculatrd a 4% withdrawal rate?