this post was submitted on 14 Nov 2023
14 points (100.0% liked)

Finance

2277 readers
2 users here now

Economic and financial news from around the world, including cryptocurrency and blockchain.

This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago
MODERATORS
alyaza@beehaw.org
gyrfalcon@beehaw.org
coldredlight@beehaw.org
remington@beehaw.org
14
How Safe is an 8% Withdrawal Rate? (ofdollarsanddata.com)
submitted 1 year ago by gyrfalcon@beehaw.org to c/finance@beehaw.org
8 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] asap@feddit.de 2 points 1 year ago* (last edited 1 year ago)

Read the article:

In the case of AIVSX (one of the funds Dave has relied on for a long time), this fund has outperformed the S&P 500 by nearly 1% per year going back to 1935.

Ramsay says: "I mean if you’re making 12 in good mutual funds and the S&P has averaged 11.8"

Look at a chart:

🤨