
When Is It Time to Retire? Deciding to Be Comfortable
Beginning Balance
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Is There a Safe Withdrawal Rate?
I think first of all, there's some benefits to clarifying the question. Can the amount, do I have enough money to sustain my expected consumption until I die? Yeah. So maybe that is how we answer the question. It's still going to be a guess. Oh, everything's a guess. Life is a guess. You know, and you feel like you have enough guarantees that like you get to work, you get paid. But when you flip a switch on a light, it turns on. When you fire a neuron to move your leg, the leg moves. Like you just have to be kind of comfortable with that, but we, you know, we act. And
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