ETERMINING WITHDRAWAL RATES USING HISTORICAL DATA
In Figure l(a), the first vertical bar on the left represents the portfolio of a client who began retirement on Jan. 1, 1926. He made a withdrawal of 3 percent
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ETERMINING WITHDRAWAL RATES USING HISTORICAL DATA
www.retailinvestor.organalysis, it seemed to the planner that the clients could safely withdraw all the "real return" each year, or about five ... larly as it followed the "Little Dipper" by only half a decade. a The "Little Dipper," of course, was the early Depression years. It …
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