How Does a 4% Withdrawal Rate Make a Difference?

Trina and Tina retired in the year 2000 with a million dollars invested. They were going to target a 60, 40 portfolio over their retirement life cycle. After just two years of living off of these dollars on July of 2002, that's kind of the bottomish of the dot com bubble bursting. You can see that Tina has a balance of about $650,000 in her portfolio where Trina has $740,000. That's over a $100,000 difference,. I got to believe living through that, you're getting nervous that 4% withdrawal rate that I did have is now much higher than it was when I started my retirement. There's actually an alpha component above and beyond