About the 4% rule. Or “why I don't like cutting down cows for meat”.
Imagine a pie on a plate. The pie symbolizes the markets. The markets go up, you cut yourself a little slice to live off.
Then the markets fall straight down. The pie is already cut in half. How much should you cut off now? How do you cut off without experiencing fear? Will the pie return to its former state? How many months or years will it be in that state?
And now, imagine there is a cow (or rather a herd of cows) standing nearby. The cow has also lost weight. But it still gives a bucket of milk a day, which is good enough to live off.
#fire_comics
@retire_at_35
