Risk Management and Asset Allocation For Tiger 21
Money Tree Investing
00:00
The Four % Rule
If you're 70 years old, hand you have a 20 year life expectancy, you can afford the four % to eat into principle very, very little. There's lots of reasons why it could be somewhere between two and four%. You know, we could have a debate about what kind of investments and what preserving capital is. But i think if your objective is to live on your assets, but you can die broke, four % is ok, and even five %. If you want to preserve your assets, or grow them prudently and leave them to your heirs,. Then four % is probably at the upper end, but still an i don't want to tell anybody to stop doing it."
Transcript
Play full episode
