Yesterday’s blog entry reported on an e-mail that I sent to Academic Researcher Wade Pfau on May 2, 2011, after the Greaney Goons threatened to get him fired from his job for the “crime” of posting honestly on safe withdrawal rates. Wade responded the same day.
Wade reported that his safe savings rate article had been published in the Journal of Financial Planning. He noted that he included a link to The Retirement Risk Evaluator in a footnote. Wade observed: “It is a pity that you probably shouldn’t mention this for a while, or else those guys [the Greaney Goons] will send a bunch of nasty emails to the Journal of Financial Planning editors.”
Wade said of the article: “Perhaps this approach can replace SWRs, and since safe savings rates do incorporate valuations, as the revised published article makes clear, all is well.”