There’s been some updated studies completed since the Trinity Study proving that you may actually be able to withdraw even more than 4% safely. And that it really depends mostly on when you retire, what your portfolio valuation is upon retirement, and what happens to that valuation in those first few years not earning active income. Michael Kitces talks about it here and here. So i still feel confident to leave the base number at 4% and if people want to change it they can.
I further clarified DONATION RATE IMPACT TO TOTAL FI NUMBER
Thanks for the links. I’ll explore those, and maybe even end up updating an overly conservative perspective on safe withdrawal rates and long retirements. :)
There’s been some updated studies completed since the Trinity Study proving that you may actually be able to withdraw even more than 4% safely. And that it really depends mostly on when you retire, what your portfolio valuation is upon retirement, and what happens to that valuation in those first few years not earning active income. Michael Kitces talks about it here and here. So i still feel confident to leave the base number at 4% and if people want to change it they can.
I further clarified DONATION RATE IMPACT TO TOTAL FI NUMBER
Thanks for the links. I’ll explore those, and maybe even end up updating an overly conservative perspective on safe withdrawal rates and long retirements. :)