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General Discussion => Welcome and General Discussion => Topic started by: dude on November 10, 2015, 11:55:22 AM

Title: Ignore the Retirement Alarmists - the 4% Rule is Imminently Safe
Post by: dude on November 10, 2015, 11:55:22 AM: The MadFientist gets a nod in this Motley Fool article in USA Today:

http://www.usatoday.com/story/money/personalfinance/2015/11/09/ignore-retirement-alarmists-4-rule-imminently-safe/75464762/
Title: Re: Ignore the Retirement Alarmists - the 4% Rule is Imminently Safe
Post by: NoraLenderbee on November 10, 2015, 04:58:29 PM: Imminently? It's just about to become safe?

They mean EMINENTLY. if they can't get one word right, what does that suggest about their attention to detail in other things?
Title: Re: Ignore the Retirement Alarmists - the 4% Rule is Imminently Safe
Post by: Left on November 10, 2015, 06:23:15 PM: all i got out of article is that after 15 years, they are down 1/3 of nest egg... if it continues, they would be down another 1/3 at 30 years post retirement, and hit zero at 45 years...

most of the year 2000 retirees in the study were 65 at time? they would be past 100 after 45 years... and dead...

for people here that retire in 30-40s, we wont be dead after 45 years... probably

the rest of it was him speculating... i do think 4% is a good rule, but not a blind faith thing
Title: Re: Ignore the Retirement Alarmists - the 4% Rule is Imminently Safe
Post by: regulator on November 10, 2015, 07:17:25 PM: Quote from: NoraLenderbee on November 10, 2015, 04:58:29 PM
Imminently? It's just about to become safe?

They mean EMINENTLY. if they can't get one word right, what does that suggest about their attention to detail in other things?
Title: Re: Ignore the Retirement Alarmists - the 4% Rule is Imminently Safe
Post by: Bajadoc on November 10, 2015, 07:31:01 PM: Motley Fool is aptly named.
Title: Re: Ignore the Retirement Alarmists - the 4% Rule is Imminently Safe
Post by: Moustachienne on November 10, 2015, 10:39:28 PM: Thanks Dude. I enjoyed the article and the reminder to check out MadFientist again. The article is a welcome antidote to sky is falling alarmist stories about 4% SWR.
Title: Re: Ignore the Retirement Alarmists - the 4% Rule is Imminently Safe
Post by: Lucky Girl on November 11, 2015, 07:00:30 AM: Thanks for pointing this one out, Dude. Nice to seem some main-stream media citing MadFientist! I will have a real problem convincing DH to feel safe retiring on 4%, so I need every piece of back-up commentary I can get!