Risk of using 4% rule for your FIRE journey
When it comes to saving for retirement, you face several risks—market fluctuations, rising living costs, risk of outliving your savings, etc.
Source: livemint.com
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When it comes to saving for retirement, you face several risks—market fluctuations, rising living costs, risk of outliving your savings, etc.
The risk involved in withdrawing from a volatile portfolio – termed sequence-of-return-risk – is less when portfolio volatility is lower.