IIRC the article correctly, it boiled down to if you pay an advisor 1% of AUM, then you can only spend 3% of the initial portfolio (adjusted for inflation) and expect the portfolio to survive. It would be more informative if a 1% AUM fee was reported as "your money manager get 25% of what you can spend each year and you get 75%. As amended through December 7, 2023. Rule 1.442 - PROPOSALS FOR SETTLEMENT. (a) Applicability. This rule applies to all proposals for settlement authorized by Florida law, regardless of the terms used to refer to such offers, demands, or proposals, and supersedes all other provisions of the rules and statutes that may be inconsistent with this Validity and Soundness. A deductive argument is said to be valid if and only if it takes a form that makes it impossible for the premises to be true and the conclusion nevertheless to be false. Otherwise, a deductive argument is said to be invalid. A deductive argument is sound if and only if it is both valid, and all of its premises are The 4% Rule Is Safe, But It’s Not a Guarantee. Here we should add a word of caution. The 4% rule—or 4.5% rule, if you prefer—is not a promise. It’s the result of decades of research and galepoggi wrote: ↑ Fri Feb 18, 2022 4:26 am I am not sure about the theoretical underpinnings of the 4% rule but I suspect that it's somewhat related to the idea that a stocks+bonds portfolio will generate at least a 4% real return or higher on average, so that if you don't exceed a 4% withdrawl rate the portfolio will last a very long time (or forever in theory). Chart 2 uses the 2% yield on assets. This reduces the spread between the deferment periods, but both remain higher than the 4% rule through age 88. At that point, the 4% rule runs out. Further How The 48-Hour Rule Challenges The Medicare Industry. While the effects of the 48-hour rule are still unfolding, it’s already clear that it could pose challenges for Medicare outreach. In particular, the 48-hour waiting period is sure to result in some potential beneficiaries failing to follow up and complete enrollment. The Vanguard paper focuses heavily on Bengen’s work that I mentioned above, and it can be summarized as a detailed critique of 5 key assumptions baked into the research that established the 4% rule: The use of historical returns as a guide for future returns. A fixed retirement horizon of 30 years that is designed for traditional retirement The 6-month passport validity rule is meant to ensure that travellers have a valid passport for the duration of their trip. Some countries will not permit travellers to enter their borders unless their passport has a minimum expiration date of at least 6 months after the final day of travel. In short, should your passport has less than six The term "2018 Requirements" refers to the Common Rule as published in the July 19, 2018 edition of the e-Code of Federal Regulations. The 2018 Requirements were originally published on January 19, 2017 and further amended on January 22, 2018 and June 19, 2018. The 2018 Requirements may also be referred to as the "revised Common Rule." jGptiMu.