nun
Thinks s/he gets paid by the post
- Joined
- Feb 17, 2006
- Messages
- 4,872
SWR for stocks and bond funds is 0% ? I guess if and when society is in a sufficient decline, that could be true. A lot of strange things has happened before in history.
However, when things get that bad, I do not see how SPIA, pensions, and SS would be worth anything. Just ask pensioners of the old Soviet block countries, China, and currently of Greece. These countries still exist, yet a lot of people are miserable, and it was not because they had a lot of stocks and bonds that became worthless.
In a Greek, or worse scenario, everyone will be in deep trouble whatever your AA, but needing in 0% WR from your stock and bond portfolio is useful through market down turns that fall short of the apocalypse and it's always nice to reinvest the dividends and gains in the good times.
Paying off the mortgage while you are working so that you have a 0% WR in retirement just lets me sleep well at night.