LBill

Income Planning and Safe Withdrawal Rates

whoops, I meant biennially (every 2 years)- I always get those mixed up.

Income Planning and Safe Withdrawal Rates

This is another terrific article Geoff. It's important to consider portfolio risk and portfolio survival probability together. A high-risk port with an 80% survival target could result in lethal drawdowns over a 5-year period. IMO, it makes more sense to review and reset annually or at most bi-annually than it does to wait 5 years.