2min chapter

Bogleheads® Live cover image

Bill Bengen: 4% Rule of Thumb

Bogleheads® Live

CHAPTER

Evaluating High Stock Valuations and Inflation Adjustments

This chapter examines the impact of elevated stock market valuations and the risk of a bear market, referencing historical trends. It also highlights the difficulties faced by retirees in this environment and critiques the use of TIPS in the context of the four percent rule and inflation adjustments.

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