This may have been covered already, but had a question about SWR.
I withdraw from my account what I need each quarter for my expenses.
My WR for 2017 ended up being 3.3% of the total portfolio.
Does it make sense to take a full 4% even though I don't need that much? This way if the balance goes down the leftover money I have from taking out more than I need will be available as excess. Meaning should I just take 4% even if it's more than I need ?
I withdraw from my account what I need each quarter for my expenses.
My WR for 2017 ended up being 3.3% of the total portfolio.
Does it make sense to take a full 4% even though I don't need that much? This way if the balance goes down the leftover money I have from taking out more than I need will be available as excess. Meaning should I just take 4% even if it's more than I need ?