Episode 294: An Exquisite Dissection Of The "Four Percent Rule" And Portfolio Reviews As Of September 29, 2023

<p>In this episode we answer an email from Jeffrey about the &quot;4% Rule&quot;.  We discuss its origins, its three parameters (portfolio construction, time frame, and withdrawal mechanism), how it works, what it means and doesn&apos;t mean, its uses and misuses and how to make adjustments to improve your own outcomes.<br/><br/>And THEN we our go through our weekly portfolio reviews of the seven sample portfolios you can find at <a href='https://www.riskparityradio.com/portfolios'>Portfolios | Risk Parity Radio</a>.   We have a rebalancing of the Levered Golden Ratio portfolio.<br/><br/>Additional links:<br/><br/>Bill Bengen&apos;s Original 1994 Safe Withdrawal Rate Paper:  <a href='https://www.financialplanningassociation.org/sites/default/files/2021-04/MAR04%20Determining%20Withdrawal%20Rates%20Using%20Historical%20Data.pdf'>FPA Journal - The Best of 25 Years: Determining Withdrawal Rates Using Historical Data (financialplanningassociation.org)</a><br/><br/>2022 Morningstar Report on Withdrawal Strategies:  <a href='https://www.morningstar.com/lp/the-state-of-retirement-income'>Six Retirement Withdrawal Strategies that Stretch Savings | Morningstar</a><br/><br/>Risk Savvy Video Lecture:  <a href='https://www.youtube.com/watch?v=KnRWVmWQG24'>Risk Savvy: How to Make Good Decisions - YouTube</a><br/><br/>Bias-Variance Dilemma Dartboard Explanation (also listen to Episode 49 of this podcast):  <a href='https://elitedatascience.com/bias-variance-tradeoff'>WTF is the Bias-Variance Tradeoff? (Infographic) (elitedatascience.com)</a></p><a rel="payment" href="https://www.riskparityradio.com/support">Support the show</a>