It’s been a long time between drinks (again)! Here’s the second Net Worth Report since we changed from a monthly to a quarterly format.
This quarter couldn’t have been more different than last. In fact, for the first time, my net worth actually reduced in one month!
Although this wasn’t entirely under my control, this quarter has been a big kick in the butt and a reminder to be more mindful with my spending.
Astute observers of this website may have noticed that we’ve been promising an online safe withdrawal rate calculator for a while now. And it’s finally here!
The problem with safe withdrawal rate research is that it’s generally focused on calculating the safe withdrawal rate for a pre-defined set of criteria. For example, a portfolio of 80% stocks and 20% bonds over thirty year retirement length. This has made it difficult to determine what safe withdrawal rate applies specifically to an individual.
The calculator was designed to solve this problem. It allows anybody to input information that reflects their own circumstances, so they can calculate their own personal safe withdrawal rate.
You can access the safe withdrawal rate calculator here. And the calculator is still in beta testing, so please leave any feedback in the comments section of this post. Continue reading…