Emphasize Conservative Returns with Clear Parameters

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A robust financial planning tool is designed to provide a conservative approach to withdrawal rates by requiring minimal user input, thereby enhancing its reliability. Unlike many calculators that allow users to input arbitrary withdrawal rates, this tool calculates the safe withdrawal rate needed to meet specific financial goals based on the retirement start date. This structured methodology differentiates it from other tools, which may lack a clear framework and rely on trial-and-error. The emphasis on ensuring a conservative position supports users in making informed decisions about their financial future.

What would you do if you ran out of money in retirement? It's hard to imagine a scarier outcome, and yet many on the FIRE path may be at risk for this if they get their portfolio withdrawal rate wrong. In this episode, Eric + Jason talk with Karsten Jeske, the creator of the Early Retirement Now blog. Known by many as "Big ERN", he is an economist who is well known to the FIRE community for his extensive work in characterizing safe withdrawal rates (SWR). In this episode, we dig into Karsten's free, powerful SWR Toolbox, and discuss topics including the downsides of FIRE calculators, 100% stock portfolios, the bucket strategy, why dividend investors are wrong, and his own post-FIRE life. If you're interested in FIRE, you can't afford to miss this information-packed episode!

Show notes: https://twosidesoffi.com/swr