re: Did y'all catch Dave Ramsey rip George Kamel apart over withdrawing 4% from retirement?

quote:

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I expect to withdraw 12% per year with total assets growing over time. When I retire I will get a large raise.

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Well, if you stick to it you should never run out of money, because 12% of any positive number is always a positive number. Your balance will most likely always by positive, but 12% of it might not buy very much at some point.