“It’s Not All About Turning a Quick Buck.”

Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:

4% withdrawal rate has always worked. Meanwhile, someone with no money in retirement savings by the time they are in their 60’s is always a failure.

As such, should we be worried about a bunch of rich millionaires, or should we be worried about people that are broke in their retirement years?

You should be worried about getting the numbers right in retirement studies. People use retirement studies to plan retirements.

It’s not all about turning a quick buck.

My sincere take.

Rob