[GNC] To whoever explained the 4% safe withdrawal rule - thank you

NoobAlice NoobAlice at airmail.cc
Sun Oct 6 18:02:02 EDT 2024


On 2024-10-06 12:56 PM, Bruce Griffis wrote:
> ... checked inflation rate (2.5% on August 2024 - I would need
> to check again at the end of the year) ...

For those of us in the USA, the federal BLS has a nice inflation 
calculator that can take a dollar amount on date 1 and tell you what the 
equivalent inflation-adjusted dollar amount would be for date 2.

https://www.bls.gov/data/inflation_calculator.htm

For example, I just plugged in $100 for January 2000 and asked for the 
dollar amount January 2024, and it says $182.71.

*** Note that it would not be wise to use this USA inflation calculation 
for those living in other countries. ***  Each country has its own 
inflation rates, which may be far enough apart in certain years to make 
a pretty large difference in the results.


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