An earlier blog entry described the background of my recent correspondence with Michael Kitces on safe withdrawal rates (SWRs). Set forth below is the text of an e-mail that I sent to Michael on November 11.
Michael:
I was greatly cheered by your e-mail. I have been waiting to hear those wonderful words “A lot of planners are [...]
“I [See] PassionSaving.com as the Meeting Place for People Losing Confidence in [Passive Investing]“
“A Lot of Planners are Starting to Question
Their Passive Investing Beliefs”
An earlier blog entry described the background of my recent correspondence with Michael Kitces on safe withdrawal rates (SWRs). Set forth below is the text of an e-mail that Michael sent to me on November 10.
Rob,
I will be having dinner with Bill [the reference is to Bill Bengen, an Old School SWR researcher] tonight, in advance [...]
“It Is This Shock That Has Caused Bengen’s Conversion to Short-Term Market Timing”
An earlier blog entry described the background of my recent correspondence with Michael Kitces on safe withdrawal rates (SWRs). Set forth below is the text of an e-mail that I sent to Michael on November 6.
Michael:
I hope things have been going well with you since we last talked.
You noted in one of your e-mails from August [...]
“It Doesn’t Mean the New School is Absolutely Right and the Old School Should Be Summarily Dismissed”
An earlier blog entry described the background of my recent correspondence with Michael Kitces on safe withdrawal rates (SWRs). Set forth below is the text of an e-mail that Michael sent to me on October 23, followed by one that I sent to him on October 24.
Rob,
Just a quick email… yes, I agree pretty strongly with [...]
“If We Were Starting with a Clean Slate…No One…Would Recommend…the Old School Studies”
An earlier blog entry described the background of my recent correspondence with Michael Kitces on safe withdrawal rates (SWRs). Set forth below is the text of an e-mail that I sent to Michael on October 19.
Michael:
Again, thanks for the frank and helpful response.
We are ALL walking like lemmings to a cliff! That’s my take.
We have been [...]
“The Old School Studies Have an Extrapolation Problem of Their Own”
An earlier blog entry described the background of my recent correspondence with Michael Kitces on safe withdrawal rates (SWRs). Set forth below is the text of an e-mail that I sent to Michael on October 22.
Michael:
Thanks for your frank and helpful e-mail. I shared the e-mail with John. He sent me the words below, which I [...]
“Under [a P/E10 Value of] 30, I Find It [the Old School SWR Methodology] Still to be Quite Analytically Valid”
An earlier blog entry described the background of my recent correspondence with Michael Kitces on safe withdrawal rates (SWRs). Set forth below is the text of an e-mail that Michael sent me on October 18.
Rob,
Thank you so much for your response here. My apologies that my response will be relatively brief, but unfortunately I am [...]
“I Am Unable to Make Sense of Your Lack of Alarm Over the Effects…on Real Live Investors”
An earlier blog entry described the background of my recent correspondence with Michael Kitces on safe withdrawal rates (SWRs). Set forth below is the text of an e-mail that I sent to Michael on October 19.
Michael:
Thanks for touching base. I am always glad to hear from you. As you note in your e-mail, I have [...]
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