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Tag: Retirement

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Every week we here at ChooseFI get hundreds of emails from our community. There have been so many interesting and thought-provoking questions that we created a series dedicated to answering the most frequently asked each week. This week’s question is about calculating your FI number and withdrawal rates, and comes from YandaPanda, who writes: Question: …
Michael Kitces recently conducted a study of the 4% rule to see if it holds true for longer time horizons. The William Bengen study that the 4% rule is based on didn’t test the 4% withdrawal rate on retirement periods of longer than 33 years. Yet many FIRE retirees may be in retirement for 40-50 years. We need to address flexible spending …
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