Find Out How Much Money You Need to Retire - S1 | E13

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Your Money, Your Wealth

Your Money, Your Wealth

Күн бұрын

Пікірлер: 3
@AndroidConvert
@AndroidConvert 7 жыл бұрын
if you are only withdrawing 4% each year, assuming your yearly returns are over 4%, why would the account ever run out?
@AndroidConvert
@AndroidConvert 7 жыл бұрын
Pure Financial Advisors, Inc. thanks so much for the reply, even on an old video!
@YourMoneyYourWealth
@YourMoneyYourWealth 6 ай бұрын
Thanks for your seven years of patience while we got the okay to publish comments again! This podcast episode (from 2023!) explains it pretty well: kzbin.info/www/bejne/ZnLcoaZ3h717h5Y Here's a couple quotes: "If the market goes down 20%, it takes years to recover." "Certain years, you’re going to have a great market, but certain years, you’re going to have a negative market, right? And so the negative market years, are you going to put back 4%? Probably not. You already spent it."
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