VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS0.00%
Net Worth
0.034USD
STEEM
0.000STEEM
SBD
0.000SBD
Effective Power
5.001SP
├── Own SP
0.632SP
└── Incoming DelegationsDeleg
+4.369SP
Detailed Balance
| STEEM | ||
| balance | 0.000STEEM | STEEM |
| market_balance | 0.000STEEM | STEEM |
| savings_balance | 0.000STEEM | STEEM |
| reward_steem_balance | 0.000STEEM | STEEM |
| STEEM POWER | ||
| Own SP | 0.632SP | SP |
| Delegated Out | 0.000SP | SP |
| Delegation In | 4.369SP | SP |
| Effective Power | 5.001SP | SP |
| Reward SP (pending) | 0.000SP | SP |
| SBD | ||
| sbd_balance | 0.000SBD | SBD |
| sbd_conversions | 0.000SBD | SBD |
| sbd_market_balance | 0.000SBD | SBD |
| savings_sbd_balance | 0.000SBD | SBD |
| reward_sbd_balance | 0.000SBD | SBD |
{
"balance": "0.000 STEEM",
"savings_balance": "0.000 STEEM",
"reward_steem_balance": "0.000 STEEM",
"vesting_shares": "1029.204141 VESTS",
"delegated_vesting_shares": "0.000000 VESTS",
"received_vesting_shares": "7114.455665 VESTS",
"sbd_balance": "0.000 SBD",
"savings_sbd_balance": "0.000 SBD",
"reward_sbd_balance": "0.000 SBD",
"conversions": []
}Account Info
| name | argos |
| id | 395994 |
| rank | 1,424,180 |
| reputation | 18134126 |
| created | 2017-10-04T15:18:33 |
| recovery_account | steem |
| proxy | None |
| post_count | 2 |
| comment_count | 0 |
| lifetime_vote_count | 0 |
| witnesses_voted_for | 0 |
| last_post | 2017-10-04T18:23:27 |
| last_root_post | 2017-10-04T18:23:27 |
| last_vote_time | 2017-10-05T17:04:12 |
| proxied_vsf_votes | 0, 0, 0, 0 |
| can_vote | 1 |
| voting_power | 0 |
| delayed_votes | 0 |
| balance | 0.000 STEEM |
| savings_balance | 0.000 STEEM |
| sbd_balance | 0.000 SBD |
| savings_sbd_balance | 0.000 SBD |
| vesting_shares | 1029.204141 VESTS |
| delegated_vesting_shares | 0.000000 VESTS |
| received_vesting_shares | 7114.455665 VESTS |
| reward_vesting_balance | 0.000000 VESTS |
| vesting_balance | 0.000 STEEM |
| vesting_withdraw_rate | 0.000000 VESTS |
| next_vesting_withdrawal | 1969-12-31T23:59:59 |
| withdrawn | 0 |
| to_withdraw | 0 |
| withdraw_routes | 0 |
| savings_withdraw_requests | 0 |
| last_account_recovery | 1970-01-01T00:00:00 |
| reset_account | null |
| last_owner_update | 1970-01-01T00:00:00 |
| last_account_update | 1970-01-01T00:00:00 |
| mined | No |
| sbd_seconds | 0 |
| sbd_last_interest_payment | 1970-01-01T00:00:00 |
| savings_sbd_last_interest_payment | 1970-01-01T00:00:00 |
{
"id": 395994,
"name": "argos",
"owner": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM5Ad38okAM8ZD8KZspNuihj5BHiHA2qUndUHwHTYQVKarLwvHZq",
1
]
]
},
"active": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM8ddTYtEg2ZYAqXfr13GxdLb1N2UDnnEiCEnZ1mgKGh5GsJuKwQ",
1
]
]
},
"posting": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM85V5weN8WUzheHU48SrfS9Qndckqi6XT1Co5gYCnqeWhhdhsiZ",
1
]
]
},
"memo_key": "STM5ovTJadcPF7tp31GGjgvTaL9f5fRyMJTCYwd1Grv2qyWKRB2zY",
"json_metadata": "",
"posting_json_metadata": "",
"proxy": "",
"last_owner_update": "1970-01-01T00:00:00",
"last_account_update": "1970-01-01T00:00:00",
"created": "2017-10-04T15:18:33",
"mined": false,
"recovery_account": "steem",
"last_account_recovery": "1970-01-01T00:00:00",
"reset_account": "null",
"comment_count": 0,
"lifetime_vote_count": 0,
"post_count": 2,
"can_vote": true,
"voting_manabar": {
"current_mana": "8143659806",
"last_update_time": 1779053631
},
"downvote_manabar": {
"current_mana": 2035914951,
"last_update_time": 1779053631
},
"voting_power": 0,
"balance": "0.000 STEEM",
"savings_balance": "0.000 STEEM",
"sbd_balance": "0.000 SBD",
"sbd_seconds": "0",
"sbd_seconds_last_update": "1970-01-01T00:00:00",
"sbd_last_interest_payment": "1970-01-01T00:00:00",
"savings_sbd_balance": "0.000 SBD",
"savings_sbd_seconds": "0",
"savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
"savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
"savings_withdraw_requests": 0,
"reward_sbd_balance": "0.000 SBD",
"reward_steem_balance": "0.000 STEEM",
"reward_vesting_balance": "0.000000 VESTS",
"reward_vesting_steem": "0.000 STEEM",
"vesting_shares": "1029.204141 VESTS",
"delegated_vesting_shares": "0.000000 VESTS",
"received_vesting_shares": "7114.455665 VESTS",
"vesting_withdraw_rate": "0.000000 VESTS",
"next_vesting_withdrawal": "1969-12-31T23:59:59",
"withdrawn": 0,
"to_withdraw": 0,
"withdraw_routes": 0,
"curation_rewards": 0,
"posting_rewards": 0,
"proxied_vsf_votes": [
0,
0,
0,
0
],
"witnesses_voted_for": 0,
"last_post": "2017-10-04T18:23:27",
"last_root_post": "2017-10-04T18:23:27",
"last_vote_time": "2017-10-05T17:04:12",
"post_bandwidth": 0,
"pending_claimed_accounts": 0,
"vesting_balance": "0.000 STEEM",
"reputation": 18134126,
"transfer_history": [],
"market_history": [],
"post_history": [],
"vote_history": [],
"other_history": [],
"witness_votes": [],
"tags_usage": [],
"guest_bloggers": [],
"rank": 1424180
}Withdraw Routes
| Incoming | Outgoing |
|---|---|
Empty | Empty |
{
"incoming": [],
"outgoing": []
}From Date
To Date
2026/05/17 21:33:51
2026/05/17 21:33:51
| delegator | steem |
| delegatee | argos |
| vesting shares | 7114.455665 VESTS |
| Transaction Info | Block #106140236/Trx f47a8544bc298a674fc1076f3e249c841f6c126c |
View Raw JSON Data
{
"trx_id": "f47a8544bc298a674fc1076f3e249c841f6c126c",
"block": 106140236,
"trx_in_block": 1,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-05-17T21:33:51",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "argos",
"vesting_shares": "7114.455665 VESTS"
}
]
}2026/05/11 18:10:18
2026/05/11 18:10:18
| delegator | steem |
| delegatee | argos |
| vesting shares | 4402.245260 VESTS |
| Transaction Info | Block #105964143/Trx 22e84384a0fe111c0ffe46d9116d009bff0d60bc |
View Raw JSON Data
{
"trx_id": "22e84384a0fe111c0ffe46d9116d009bff0d60bc",
"block": 105964143,
"trx_in_block": 2,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-05-11T18:10:18",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "argos",
"vesting_shares": "4402.245260 VESTS"
}
]
}2026/04/25 20:58:57
2026/04/25 20:58:57
| delegator | steem |
| delegatee | argos |
| vesting shares | 7126.971421 VESTS |
| Transaction Info | Block #105507963/Trx d7f9e7039fc00aba8b9f1c7eacecf71bd05715e4 |
View Raw JSON Data
{
"trx_id": "d7f9e7039fc00aba8b9f1c7eacecf71bd05715e4",
"block": 105507963,
"trx_in_block": 1,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-04-25T20:58:57",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "argos",
"vesting_shares": "7126.971421 VESTS"
}
]
}2026/01/23 00:40:03
2026/01/23 00:40:03
| delegator | steem |
| delegatee | argos |
| vesting shares | 4443.792079 VESTS |
| Transaction Info | Block #102843270/Trx 1b7a879da8b5ff7868effb47e8f5da7a25959801 |
View Raw JSON Data
{
"trx_id": "1b7a879da8b5ff7868effb47e8f5da7a25959801",
"block": 102843270,
"trx_in_block": 3,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-01-23T00:40:03",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "argos",
"vesting_shares": "4443.792079 VESTS"
}
]
}2024/12/16 20:00:24
2024/12/16 20:00:24
| delegator | steem |
| delegatee | argos |
| vesting shares | 4608.011276 VESTS |
| Transaction Info | Block #91289699/Trx 552895e1f1da7bee4a639b3bfbe95e3716f61a95 |
View Raw JSON Data
{
"trx_id": "552895e1f1da7bee4a639b3bfbe95e3716f61a95",
"block": 91289699,
"trx_in_block": 2,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2024-12-16T20:00:24",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "argos",
"vesting_shares": "4608.011276 VESTS"
}
]
}2023/11/13 11:46:36
2023/11/13 11:46:36
| delegator | steem |
| delegatee | argos |
| vesting shares | 4777.144808 VESTS |
| Transaction Info | Block #79843983/Trx 2519755fdd8f24a02a9725ffe0f519412c0e65b1 |
View Raw JSON Data
{
"trx_id": "2519755fdd8f24a02a9725ffe0f519412c0e65b1",
"block": 79843983,
"trx_in_block": 0,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2023-11-13T11:46:36",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "argos",
"vesting_shares": "4777.144808 VESTS"
}
]
}2023/09/21 18:41:15
2023/09/21 18:41:15
| delegator | steem |
| delegatee | argos |
| vesting shares | 7714.423594 VESTS |
| Transaction Info | Block #78344074/Trx b35576951b63819c5894bc7f2c53630ec505f313 |
View Raw JSON Data
{
"trx_id": "b35576951b63819c5894bc7f2c53630ec505f313",
"block": 78344074,
"trx_in_block": 0,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2023-09-21T18:41:15",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "argos",
"vesting_shares": "7714.423594 VESTS"
}
]
}2022/11/03 08:50:42
2022/11/03 08:50:42
| delegator | steem |
| delegatee | argos |
| vesting shares | 7936.105032 VESTS |
| Transaction Info | Block #69109844/Trx bb65a4feffb31fb7b7b23297fd346f2a9b9ceedf |
View Raw JSON Data
{
"trx_id": "bb65a4feffb31fb7b7b23297fd346f2a9b9ceedf",
"block": 69109844,
"trx_in_block": 2,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2022-11-03T08:50:42",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "argos",
"vesting_shares": "7936.105032 VESTS"
}
]
}2022/01/17 08:21:09
2022/01/17 08:21:09
| delegator | steem |
| delegatee | argos |
| vesting shares | 8156.638263 VESTS |
| Transaction Info | Block #60806310/Trx 438e7c693c0e94a2f0b3f73d60dc27f9dd8c485f |
View Raw JSON Data
{
"trx_id": "438e7c693c0e94a2f0b3f73d60dc27f9dd8c485f",
"block": 60806310,
"trx_in_block": 9,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2022-01-17T08:21:09",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "argos",
"vesting_shares": "8156.638263 VESTS"
}
]
}2021/06/13 22:22:54
2021/06/13 22:22:54
| delegator | steem |
| delegatee | argos |
| vesting shares | 8340.406921 VESTS |
| Transaction Info | Block #54604827/Trx e848afde2f444783db1290a416d775412c404497 |
View Raw JSON Data
{
"trx_id": "e848afde2f444783db1290a416d775412c404497",
"block": 54604827,
"trx_in_block": 8,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2021-06-13T22:22:54",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "argos",
"vesting_shares": "8340.406921 VESTS"
}
]
}2020/12/11 08:45:21
2020/12/11 08:45:21
| delegator | steem |
| delegatee | argos |
| vesting shares | 8527.828895 VESTS |
| Transaction Info | Block #49352389/Trx 69911d4f6dcc3dbeb684d38cbab303c92a4211a0 |
View Raw JSON Data
{
"trx_id": "69911d4f6dcc3dbeb684d38cbab303c92a4211a0",
"block": 49352389,
"trx_in_block": 1,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-12-11T08:45:21",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "argos",
"vesting_shares": "8527.828895 VESTS"
}
]
}2020/12/06 02:22:57
2020/12/06 02:22:57
| delegator | steem |
| delegatee | argos |
| vesting shares | 1912.543513 VESTS |
| Transaction Info | Block #49203959/Trx 52eca5ac80591eb6a4d1a4bf3f90e7d416444faf |
View Raw JSON Data
{
"trx_id": "52eca5ac80591eb6a4d1a4bf3f90e7d416444faf",
"block": 49203959,
"trx_in_block": 2,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-12-06T02:22:57",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "argos",
"vesting_shares": "1912.543513 VESTS"
}
]
}2020/11/25 16:07:27
2020/11/25 16:07:27
| delegator | steem |
| delegatee | argos |
| vesting shares | 8544.955512 VESTS |
| Transaction Info | Block #48908073/Trx 571306f044de18ff2fb9a72fe50fc3bcc66872ce |
View Raw JSON Data
{
"trx_id": "571306f044de18ff2fb9a72fe50fc3bcc66872ce",
"block": 48908073,
"trx_in_block": 9,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-11-25T16:07:27",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "argos",
"vesting_shares": "8544.955512 VESTS"
}
]
}2020/05/09 03:17:42
2020/05/09 03:17:42
| delegator | steem |
| delegatee | argos |
| vesting shares | 8736.842108 VESTS |
| Transaction Info | Block #43214170/Trx 052478dfdec052972ebcb477169c1520d2491c18 |
View Raw JSON Data
{
"trx_id": "052478dfdec052972ebcb477169c1520d2491c18",
"block": 43214170,
"trx_in_block": 4,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-05-09T03:17:42",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "argos",
"vesting_shares": "8736.842108 VESTS"
}
]
}2020/05/08 06:31:51
2020/05/08 06:31:51
| delegator | steem |
| delegatee | argos |
| vesting shares | 1953.311140 VESTS |
| Transaction Info | Block #43189836/Trx 4de16722c219e00e4ba358cea71fdc6d0163ed0c |
View Raw JSON Data
{
"trx_id": "4de16722c219e00e4ba358cea71fdc6d0163ed0c",
"block": 43189836,
"trx_in_block": 7,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-05-08T06:31:51",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "argos",
"vesting_shares": "1953.311140 VESTS"
}
]
}2020/04/15 20:03:51
2020/04/15 20:03:51
| delegator | steem |
| delegatee | argos |
| vesting shares | 8749.819527 VESTS |
| Transaction Info | Block #42560759/Trx 36e606bcbb3e44cc86847549842e652a6f5ea886 |
View Raw JSON Data
{
"trx_id": "36e606bcbb3e44cc86847549842e652a6f5ea886",
"block": 42560759,
"trx_in_block": 13,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-04-15T20:03:51",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "argos",
"vesting_shares": "8749.819527 VESTS"
}
]
}2019/10/04 18:32:12
2019/10/04 18:32:12
| parent author | argos |
| parent permlink | the-4-rule-and-beyond-the-easy-answer-to-how-can-i-retire-in-my-30s-and-never-run-out-of-money |
| author | steemitboard |
| permlink | steemitboard-notify-argos-20191004t183212000z |
| title | |
| body | Congratulations @argos! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@argos/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@argos) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=argos)_</sub> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes! |
| json metadata | {"image":["https://steemitboard.com/img/notify.png"]} |
| Transaction Info | Block #36996221/Trx d00b5b1f56e85e381ac0a288b2e44089bff9a107 |
View Raw JSON Data
{
"trx_id": "d00b5b1f56e85e381ac0a288b2e44089bff9a107",
"block": 36996221,
"trx_in_block": 15,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2019-10-04T18:32:12",
"op": [
"comment",
{
"parent_author": "argos",
"parent_permlink": "the-4-rule-and-beyond-the-easy-answer-to-how-can-i-retire-in-my-30s-and-never-run-out-of-money",
"author": "steemitboard",
"permlink": "steemitboard-notify-argos-20191004t183212000z",
"title": "",
"body": "Congratulations @argos! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@argos/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@argos) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=argos)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
"json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}"
}
]
}2019/05/12 13:18:36
2019/05/12 13:18:36
| delegator | steem |
| delegatee | argos |
| vesting shares | 8945.442332 VESTS |
| Transaction Info | Block #32843575/Trx cfc42a28252dfff2829763c262ef01b9aee9a03c |
View Raw JSON Data
{
"trx_id": "cfc42a28252dfff2829763c262ef01b9aee9a03c",
"block": 32843575,
"trx_in_block": 9,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2019-05-12T13:18:36",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "argos",
"vesting_shares": "8945.442332 VESTS"
}
]
}2018/10/04 16:36:24
2018/10/04 16:36:24
| parent author | argos |
| parent permlink | the-4-rule-and-beyond-the-easy-answer-to-how-can-i-retire-in-my-30s-and-never-run-out-of-money |
| author | steemitboard |
| permlink | steemitboard-notify-argos-20181004t163623000z |
| title | |
| body | Congratulations @argos! You have received a personal award! [](http://steemitboard.com/@argos) 1 Year on Steemit <sub>_Click on the badge to view your Board of Honor._</sub> **Do not miss the last post from @steemitboard:** <table><tr><td><a href="https://steemit.com/steemitboard/@steemitboard/introducing-steemitboard-ranking"><img src="https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmfRVpHQhLDhnjDtqck8GPv9NPvNKPfMsDaAFDE1D9Er2Z/header_ranking.png"></a></td><td><a href="https://steemit.com/steemitboard/@steemitboard/introducing-steemitboard-ranking">Introducing SteemitBoard Ranking</a></td></tr></table> > Support [SteemitBoard's project](https://steemit.com/@steemitboard)! **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**! |
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"body": "Congratulations @argos! You have received a personal award!\n\n[](http://steemitboard.com/@argos) 1 Year on Steemit\n<sub>_Click on the badge to view your Board of Honor._</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/steemitboard/@steemitboard/introducing-steemitboard-ranking\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmfRVpHQhLDhnjDtqck8GPv9NPvNKPfMsDaAFDE1D9Er2Z/header_ranking.png\"></a></td><td><a href=\"https://steemit.com/steemitboard/@steemitboard/introducing-steemitboard-ranking\">Introducing SteemitBoard Ranking</a></td></tr></table>\n\n> Support [SteemitBoard's project](https://steemit.com/@steemitboard)! **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
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2018/05/16 20:06:18
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2018/02/21 23:02:48
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}2017/10/13 05:11:45
2017/10/13 05:11:45
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2017/10/05 17:04:12
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2017/10/04 18:23:27
| parent author | |
| parent permlink | life |
| author | argos |
| permlink | the-4-rule-and-beyond-the-easy-answer-to-how-can-i-retire-in-my-30s-and-never-run-out-of-money |
| title | The 4% Rule and Beyond: The Easy Answer to “How can I retire in my 30s and never run out of money?” |
| body |  One frequently used rule of thumb for retirement spending by financial independence enthusiast as us is known as **the 4% rule**. This rule defines the maximum rate at which you can spend your retirement savings without ever running out. The rule it’s relatively simple although it is not always possible to define a sustainable withdrawal rate that will work in all economic cycles, as the economy will go up and down. At each economic cycle the sustainable withdrawal rate will be different and that's where the 4% rule kicks in, as it provides a sustainable withdrawal rate that will work on most of the scenarios most of the time, as we shall see later. One of the first questions to be answered is about where does this 4% number come from? Why it is not 1%, 10% or 90%? In this respect one extensive analysis for retirement scenarios under different historical economic cycles was performed in the [Trinity Study](https://en.wikipedia.org/wiki/Trinity_study). The study was performed assuming a fairly safe portfolio composition (50% stocks and 50% bonds) using historical market returns to calculate a sustainable withdrawal rate with a very high level of confidence that your portfolio will last at least for a 30-year period. The outcome of the Trinity Study is that in the worst-case scenario a 4% withdrawal rate would have been sustainable. And that is where the 4% rule comes from. It is important to notice that 4% is a worst-case scenario as in many years a withdrawal rate of 5% or more would have still ended up with a growing surplus. Let's be clear, that only applies over the very long term scenario (decades) as in any given year the market and the inflation will go up and down departing from their historical means, like in the great recession of 2009. The best case scenario would be to retire in a time where market prices are temporally depressed and just before a long boom. But as Burton Malkiel wrote in his famous book Random Walk Down Wall Street: > “I have never known anyone who could consistently time the market. And in fact I’ve never known anyone who knows anyone, who was able to consistently time the market.” An important implication of the 4% rule is the answer to the question: **"How much money do I need to retire today and never run out of money?"** And the answer then becomes easy, just take your annual total spending and multiply it by 25 (or divide by 4%) and that’s your retirement number! So a real life application of the 4% rule, if your annual expenses are $30,000 per year you would need a portfolio of $750,000 to be able to retire, plus a bit more to account for safety margin. So now that you know how much you will need to retire, we will need to address the how in the next posts. Have fun playing with the numbers until then! |
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}argosdeleted a comment or post2017/10/04 16:57:15
argosdeleted a comment or post
2017/10/04 16:57:15
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}argospublished a new post: first-post2017/10/04 16:56:54
argospublished a new post: first-post
2017/10/04 16:56:54
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2017/10/04 15:18:33
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