Get $20 when you sign up for GoogleFI mobile phone service Get $20 when you sign up through this link We use this Health Sharing Ministry plan and wholeheartedly endorse it! Use code “BigERN10” at checkout for a 10% discount (monthly and annual subscriptions and renewals) Get a two-week free trial for NewRetirement’s awesome “PlannerPlus” We wholeheartedly endorse them both to our relatives and friends, and thus also to the friends of the ERN blog! If you sign up through the affiliate links we’ll get a small referral fee and you get a signup bonus and the assurance that we can keep the lights on here at the ERN blog! We personally use and really enjoy the services mentioned below. If you like the free content we provide here, please consider helping us pay the bills by clicking on the links below. Continue reading “The ERN Family Early Retirement Capital Preservation Plan” → Posted on JNovemby Posted in Safe Withdrawal Rates Tagged 401(k), Asset Allocation, Drawdown, equities, finance, investing, Options, personal finance, Taxes. Even if we were comfortable with leaving nothing to our heirs and charitable causes in 60 years, the drawdown over 60 years would be so small (especially early on, think of this as the initial amortization in a 60-year mortgage!) that we might as well plan for capital preservation rather than drawdown. So, we are more in the PIE camp, trying to maintain our capital. We will draw from our investments but hopefully never significantly draw them down. To begin, we are intentionally not calling this a drawdown plan. So, better late than never: here’s the ERN family contribution.
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