Here is a book recommended by Monevator that looks interesting:
https://www.amazon.co.uk/Beyond-4-Rule- ... 8f48f75529
Beyond the 4% Rule
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- Lemon Quarter
- Posts: 2943
- Joined: November 5th, 2016, 2:22 am
Re: Beyond the 4% Rule
Not sure this book is suitable for me: from the customer reviews:
![Rolling Eyes :roll:](./images/smilies/icon_rolleyes.gif)
A masterclass in dissecting the long history of empirical evidence applicable to safe withdrawal rates, and then strategies to employ to make sure that the people have the highest probability of lasting longer than their money
![Rolling Eyes :roll:](./images/smilies/icon_rolleyes.gif)
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- Lemon Quarter
- Posts: 4265
- Joined: November 14th, 2016, 7:33 pm
Re: Beyond the 4% Rule
The look inside is rather short, but the analysis begins with highlighting the stark difference between the probabilistic (probability of going bust) approach with the "first ensure that you will have enough money to cover essential expenditure" approach. The customer review clearly would not be accurate, even without the typo.
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- Lemon Pip
- Posts: 91
- Joined: November 10th, 2016, 4:39 pm
Re: Beyond the 4% Rule
I read the book, and found it interesting. It's aimed at IFAs rather than consumers, but is relatively engaging and not too data-heavy.
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- Lemon Quarter
- Posts: 4265
- Joined: November 14th, 2016, 7:33 pm