CRLLS
Thinks s/he gets paid by the post
A theoretical strategy question.
Presume that one started retirement a couple of years ago calculating a SWR based on the traditional 4%+ Cola every year and verifying it with FireCalc. Is it OK to just reset the clock and start at the 4% of today's retirement funds, all other things being equal using the same mortality age? I know I can run FireCalc and Iorp and Fidelity RP to see what they think today. I am just wondering if there is a methodology flaw one way or the other.
If that same person under spend the planned withdrawal the first couple of years, considering the last 2 years were above the norm return, is it safe to take out the unused dollars today, BTD and continue on with either the original plan or start the new plan above? IMO, removing the unused portion of the planned withdrawal $$ would be more of a concern if the last couple of years were losing years.
I'm just wondering, or planning.
Presume that one started retirement a couple of years ago calculating a SWR based on the traditional 4%+ Cola every year and verifying it with FireCalc. Is it OK to just reset the clock and start at the 4% of today's retirement funds, all other things being equal using the same mortality age? I know I can run FireCalc and Iorp and Fidelity RP to see what they think today. I am just wondering if there is a methodology flaw one way or the other.
If that same person under spend the planned withdrawal the first couple of years, considering the last 2 years were above the norm return, is it safe to take out the unused dollars today, BTD and continue on with either the original plan or start the new plan above? IMO, removing the unused portion of the planned withdrawal $$ would be more of a concern if the last couple of years were losing years.
I'm just wondering, or planning.