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

[Stan Brown (using GC 4.14)]

On 2024-10-06 14:22, Bruce Griffis wrote:
> 
> I like to think we'll be okay taking out 4% adjusted for inflation, but
> the reality is that if my health fails things will get real expensive
> real quick. If my wife's health fails more than I am able to provide
> care for, the same thing happens. And if both of our health fails, we'll
> need all of that IRA and then some. My wife can't get life insurance or
> long term care insurance, but I carry a life insurance policy on myself
> to help offset costs for my wife if I go first.

I think you need to pay attention to your feeling that 4% is too much.
There's a "sleep-at-night factor" for withdrawals from investments, just
as there is for selecting choosing a ratio of stocks to bonds in your
portfolio, or choosing individual stocks and bonds versus mutual funds.

Stan Brown
Tehachapi, CA, USA
https://BrownMath.com/