How to Develop a Sustainable Withdrawal Strategy for Early Retirement
Introduction As the great Warren Buffett once said, “Someone’s sitting in the shade today because someone planted a tree a long time ago.” This quote beautifully captures the essence of the Financial Independence & Retire Early (FIRE) movement. Achieving financial independence and early retirement requires a solid plan, including a sustainable withdrawal strategy that ensures you don’t run out of money during your retirement years.
In this article, we’ll discuss the importance of a sustainable withdrawal strategy, delve into the famous 4% rule, and explore other withdrawal strategies to help you develop a plan tailored to your specific needs.
[Read More]