Andre1969
Thinks s/he gets paid by the post
For those of you who calculate your WR to two decimal places, how exactly do you do that?
Example: let's say my only withdrawal for the year is $50,000 on July 1.
So for the denominator, do you use portfolio value on:
1) 1/1/23?
2) 7/1/23, just before the withdrawal?
3) 12/31/23?
Or do you use Creative Accounting and choose the date with largest portfolio value so that your WR seems lower?
I would calculate the value on 1/1/23, the value on 12/31/23, and then take the average. However, if I only did a one-time withdrawal, I'd probably at least make a note of what the percent was, on that date.