What Is a Minimum Dignity Floor?

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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.

In this episode we answer emails from Kyle, Esek and Erin. We discuss 529 plans, what is "enough" in terms of this podcast, and THEN the meta approaches to retirement planning and the importance of distinguishing portfolio construction and allocation strategies from portfolio management techniques, including a tour on the Good Ship Lollipop with the Outlaw Josey Wales. Errata: I said "Bernstein assumptions" when I meant "Bengen assumptions."

And THEN we our go through our weekly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio.

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