It is a good rule of thumb to help understand how long money will last. Also it is very very conservative. Most scenarios could easily survive a 5% rate or more.
This message has been modified
Originally posted on Jul 7, 2020 at 3:02:10pm
Message modified by Baron on Jul 7, 2020 at 3:03:16pm
Message modified by Baron on Jul 7, 2020 at 3:10:21pm