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536 the rule of 72, the 4% rule, what to do with mat leave money, the amount needed to feel secure + more

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The Four % Drawdown Is Bestclear

In times gone by, the way we got tthe four % was you'd get a seven % return tobe three % for inflation. And then you could pull your money out, and you'd still be breaking even. But if you're at that stage of life, say, if you're retiring early, you probably don't want to be pulling capital. I think psychologically, one of the hardest things to do is actually to flick the switch to go from save a a accumulator to spend a, you know, relying on that nest egg. That's a really hard psychological switch. So i just think it all goes back to, for me, we need to live on less than

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