It was interesting how he mentioned the same adjusted 2.5% I was using by default as a more reliable metric. Mine was just an intuitive number I picked while his was backed by a lot of math.
I think in my case however the rules would be further different as the majority of my portfolio will pay dividends and not just/necessarily grow and those dividends could fund me in part with the excess going back to reinvesting. I by default also don’t hold bonds and currently I hold no treasuries or commodities or positions in emerging markets.
I’ll get around to making a formulaic table of my plan at some point to iron out the details with live comparisons of all potential lifespans and re-tune frequently. should make things much simpler for me going forwards if I only have to set up the maths once and then factor for extenuating circumstances, like the plaque…
@Vedran I get what you mean, but some say the same for Warren Buffett and he is frequently telling people to do what he says rather than what he does, as the rules for investing at his level are no longer the same for retail investors with high liquidity portfolio’s where his is highly illiquid. At the very least, this guy is qualified to provide advice and opinions on ETFs despite not using them. I don’t use them either for a variety of reasons, lack of specificity and control being just the first of many.