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Ask Paula: What’s the Point of Financial Independence if I’m Not Going to Retire?
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The Fire Movement - Is Up Dating the Four % Rule a Big Mistake?
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A new piece out about a month ago from vanguard research talks about up dating the four % rule. If somebody's pursuing a very early retirement and then living on it for 50 years, over a 30 year retirement, your probability of success is 81 point nine%. Your probability if you extend that to a 50 year retirement, is only 36 percent. Is not something that you should use. They have five things that you should do, and and some of them are really interesting. One paul merriman reference: Have a dynamic spending plan, where where your spending plan changes every year, partly based on how your funds have done right.
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