walkinwood
Thinks s/he gets paid by the post
William Bengen is out with a new article that analyzes the relationship between SAFEMAX (what we usually call SWR here), Schiller's CAPE ratio and inflation at the start of a 30 year retirement. He assumes a portfolio comprised of 50% equity (S&P500 + Small cap) and 50% mid-term government bonds.
https://www.fa-mag.com/news/choosin...awal-rate-at-retirement-57731.html?section=40
Interesting read.
I firmly believe that a variable SWR method is more attuned to reality than these fixed SWR studies, but new ways of looking at this complex issue are always welcome.
https://www.fa-mag.com/news/choosin...awal-rate-at-retirement-57731.html?section=40
Interesting read.
I firmly believe that a variable SWR method is more attuned to reality than these fixed SWR studies, but new ways of looking at this complex issue are always welcome.