Episode 240: Dirty Harry Kicks Over A Dignity Bucket And Portfolio Reviews As Of February 3, 2023
Risk Parity Radio
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What Is a Minimum Dignity Floor?
Management techniques are useful for understanding and they can be useful for what to do at a particular time in a particular year. You cannot change your projected safe withdrawal rates with management techniques. Your minimum dignity floor is just your baseline expenses for life. I call it your KLO expenses. These things you say we will have. We already have. That's true. I ain't promising you nothing extra.
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