Why treat the 4% rule as a flexible guideline?

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Episode 3300:

Sean Mullaney highlights why the Four Percent Rule may not be as rigid as many fear, pointing to natural backstops like flexible spending and Social Security that help safeguard retirement plans. He shows how early retirees often adjust their lifestyles and eventually benefit from guaranteed income streams, making the 4% Rule more resilient than it first appears.

Read along with the original article(s) here: https://fitaxguy.com/the-four-backstops-to-the-four-percent-rule/

Quotes to ponder:

"Spending in retirement can be adjusted."

"There is a natural reduction in energy and interest in certain kinds of spending as one ages."

"If her portfolio is struggling to produce the amount Melinda needs to live off of, Social Security payments provide a backstop and can help make up the difference."

Episode references:

Earn and Invest Podcast: https://earnandinvest.com/

BiggerPockets Money Podcast: https://www.biggerpockets.com/podcasts/money

Portfolio Visualizer: https://www.portfoliovisualizer.com/

New Retirement: https://www.newretirement.com/

The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926

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