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Delving Into “The Nastiest Hardest Problem In Finance”

2019-03-11 08_23_28-Rubik’s cube photo by Olav Ahrens Røtne (@olav_ahrens) on UnsplashToday’s article calls it “the nastiest hardest problem in finance”: retirement spending strategies. And unfortunately, despite the complexity inherent in retirement spending strategizing, it is often subject to simplistic rules of thumb, most notably the 4% rule. The author outlines the dangers associated with the 4% rule, how it “can go very badly”, and the implications of this for the FIRE (financial independence, retire early) movement. For more, CLICK HERE.