Spending Trends Boost Safe Withdrawal Rate for Retirees

Financial planning expert Michael Kitces says a growing base of research shows that real spending declines throughout retirement, which could support a modest increase to the 4% safe withdrawal rate.
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[@person.X.]

This certainly makes sense if I look at the people I know in their 80s. They are wealthy but spend very little. Most of their life revolves around spending time with family and friends, simple activities such as going to a cafe or getting their hair cut and just chilling out at home.

[@jperez1910]

Great video....

[@jean-marcfiliatrault266]

Kitces is a “great entertainer” since he’s able to take a somewhat boring and obscure toping, and makes it interesting with data to back his statements!