Ecoer Logo
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 Deleg
+4.369SP

Detailed Balance

STEEM
balance
0.000STEEM
market_balance
0.000STEEM
savings_balance
0.000STEEM
reward_steem_balance
0.000STEEM
STEEM POWER
Own SP
0.632SP
Delegated Out
0.000SP
Delegation In
4.369SP
Effective Power
5.001SP
Reward SP (pending)
0.000SP
SBD
sbd_balance
0.000SBD
sbd_conversions
0.000SBD
sbd_market_balance
0.000SBD
savings_sbd_balance
0.000SBD
reward_sbd_balance
0.000SBD
{
  "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

nameargos
id395994
rank1,424,180
reputation18134126
created2017-10-04T15:18:33
recovery_accountsteem
proxyNone
post_count2
comment_count0
lifetime_vote_count0
witnesses_voted_for0
last_post2017-10-04T18:23:27
last_root_post2017-10-04T18:23:27
last_vote_time2017-10-05T17:04:12
proxied_vsf_votes0, 0, 0, 0
can_vote1
voting_power0
delayed_votes0
balance0.000 STEEM
savings_balance0.000 STEEM
sbd_balance0.000 SBD
savings_sbd_balance0.000 SBD
vesting_shares1029.204141 VESTS
delegated_vesting_shares0.000000 VESTS
received_vesting_shares7114.455665 VESTS
reward_vesting_balance0.000000 VESTS
vesting_balance0.000 STEEM
vesting_withdraw_rate0.000000 VESTS
next_vesting_withdrawal1969-12-31T23:59:59
withdrawn0
to_withdraw0
withdraw_routes0
savings_withdraw_requests0
last_account_recovery1970-01-01T00:00:00
reset_accountnull
last_owner_update1970-01-01T00:00:00
last_account_update1970-01-01T00:00:00
minedNo
sbd_seconds0
sbd_last_interest_payment1970-01-01T00:00:00
savings_sbd_last_interest_payment1970-01-01T00:00:00
{
  "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

IncomingOutgoing
Empty
Empty
{
  "incoming": [],
  "outgoing": []
}
From Date
To Date
steemdelegated 4.369 SP to @argos
2026/05/17 21:33:51
delegatorsteem
delegateeargos
vesting shares7114.455665 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 2.703 SP to @argos
2026/05/11 18:10:18
delegatorsteem
delegateeargos
vesting shares4402.245260 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 4.377 SP to @argos
2026/04/25 20:58:57
delegatorsteem
delegateeargos
vesting shares7126.971421 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 2.729 SP to @argos
2026/01/23 00:40:03
delegatorsteem
delegateeargos
vesting shares4443.792079 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 2.830 SP to @argos
2024/12/16 20:00:24
delegatorsteem
delegateeargos
vesting shares4608.011276 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 2.934 SP to @argos
2023/11/13 11:46:36
delegatorsteem
delegateeargos
vesting shares4777.144808 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 4.737 SP to @argos
2023/09/21 18:41:15
delegatorsteem
delegateeargos
vesting shares7714.423594 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 4.874 SP to @argos
2022/11/03 08:50:42
delegatorsteem
delegateeargos
vesting shares7936.105032 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 5.009 SP to @argos
2022/01/17 08:21:09
delegatorsteem
delegateeargos
vesting shares8156.638263 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 5.122 SP to @argos
2021/06/13 22:22:54
delegatorsteem
delegateeargos
vesting shares8340.406921 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 5.237 SP to @argos
2020/12/11 08:45:21
delegatorsteem
delegateeargos
vesting shares8527.828895 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 1.174 SP to @argos
2020/12/06 02:22:57
delegatorsteem
delegateeargos
vesting shares1912.543513 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 5.247 SP to @argos
2020/11/25 16:07:27
delegatorsteem
delegateeargos
vesting shares8544.955512 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 5.365 SP to @argos
2020/05/09 03:17:42
delegatorsteem
delegateeargos
vesting shares8736.842108 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 1.200 SP to @argos
2020/05/08 06:31:51
delegatorsteem
delegateeargos
vesting shares1953.311140 VESTS
Transaction InfoBlock #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"
    }
  ]
}
steemdelegated 5.373 SP to @argos
2020/04/15 20:03:51
delegatorsteem
delegateeargos
vesting shares8749.819527 VESTS
Transaction InfoBlock #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
parent authorargos
parent permlinkthe-4-rule-and-beyond-the-easy-answer-to-how-can-i-retire-in-my-30s-and-never-run-out-of-money
authorsteemitboard
permlinksteemitboard-notify-argos-20191004t183212000z
title
bodyCongratulations @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 InfoBlock #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\"]}"
    }
  ]
}
steemdelegated 5.493 SP to @argos
2019/05/12 13:18:36
delegatorsteem
delegateeargos
vesting shares8945.442332 VESTS
Transaction InfoBlock #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
parent authorargos
parent permlinkthe-4-rule-and-beyond-the-easy-answer-to-how-can-i-retire-in-my-30s-and-never-run-out-of-money
authorsteemitboard
permlinksteemitboard-notify-argos-20181004t163623000z
title
bodyCongratulations @argos! You have received a personal award! [![](https://steemitimages.com/70x70/http://steemitboard.com/@argos/birthday1.png)](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[![](https://steemitimages.com/70x70/http://steemitboard.com/@argos/birthday1.png)](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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steemdelegated 5.616 SP to @argos
2018/05/16 20:06:18
delegatorsteem
delegateeargos
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steemdelegated 18.194 SP to @argos
2018/02/21 23:02:48
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steemdelegated 18.320 SP to @argos
2017/10/13 05:11:45
delegatorsteem
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2017/10/05 17:04:12
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2017/10/04 18:23:27
parent author
parent permlinklife
authorargos
permlinkthe-4-rule-and-beyond-the-easy-answer-to-how-can-i-retire-in-my-30s-and-never-run-out-of-money
titleThe 4% Rule and Beyond: The Easy Answer to “How can I retire in my 30s and never run out of money?”
body![](https://steemitimages.com/DQmY4DrQckWsnnhpxM91dqAeVbz5ngVHe5rzNxuQZznYG6u/image.png) 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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      "body": "![](https://steemitimages.com/DQmY4DrQckWsnnhpxM91dqAeVbz5ngVHe5rzNxuQZznYG6u/image.png)\n\nOne 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.\n\nThe 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.\n\nOne 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. \n\nThe 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.\n\nLet'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:\n\n> “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.”\n\nAn 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!\n\nSo 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.\n\nSo now that you know how much you will need to retire, we will need to address the how in the next posts.\n\nHave fun playing with the numbers until then!",
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argosdeleted a comment or post
2017/10/04 16:57:15
authorargos
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argospublished a new post: first-post
2017/10/04 16:56:54
parent author
parent permlinkfirst
authorargos
permlinkfirst-post
titleFirst post
bodyJust a try
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steemcreated a new account: @argos
2017/10/04 15:18:33
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Witness Votes

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[]