The Warm, Wrong Asset Retirement Model of Fire

The so-called wasting asset retirement model was something that was talked about a few years ago. The theory behind this is you plot all of your spending out to some age, like age 100 and then try to allocate this entire portfolio to that spending. While in theory you could do this, it doesn't actually make a whole lot of sense in reality. You cannot change the overall performance of a portfolio by calling it different names or labelling pieces of it differently.