Originally Posted by ClapperZapper
Kieth, I used the SP500 for all of my careful calculations.

I knew you would enter the thread and act as normal.
1mil used to be an attainable, tidy retirement account balance. A measure of hard work, good fortune, diligence, dedication, and stewardship.
It's a number that used to represent a positive thing to people.

Most folks that got there through hard work have diversified portfolio's professionally managed for the most part, so that they can withdraw 4% annually.
4% being a figure that is generally accepted as a sustainable withdrawal rate. (Bengen, et al)

I even gave the benefit of good timing to the Imaginary retiree. Starting the calculations on the 1 st of the month (maximizing SP500 value for the retiree) and letting them take their REQUIRED monthly distribution at whatever date within the month they chose.

You see, most retirees cannot just decide to cut their monthly expenses because somebody decided to start a pyrrhic trade war out of the blue.
They need their draw. None of their bills go down just because their retirement account did.

As far as the Audi, my wife liked the detents on the drivers door.

Clapper Zapper, your calculations were anything but careful... unless the intent was to be deceptive.

Thanks for clarifying that this imaginary retirement account was based upon the S&P 500. So that would provide an annual rate of return of over 12.5% rather than the much more conservative 4% I used.

And if your hypothetical retiree withdrew even the entire 4% annual distribution you cited, the account withdrawal would have been $40,000 on a $1 million balance. But you cite monthly distributions, and the March-April correction was of very short duration. So even if the retiree stayed the course of taking a monthly $3666.00 withdrawal, the total loss to their account would have been much much smaller than the deceptive $50,000 loss figure you gave.

In other words, you lied to us again. There is no other way to put it.

In addition, you and everybody else can look at performance charts for S&P 500 Index Funds over time, and see that the March-April drop was a very short and minor blip compared to the deeper and much more sustained drop in the S&P 500 that happened from 2022 to late 2024.

But of course, Joe Biden and the Democrats were in power. So we didn't hear you complaining that your shooting buddies were seeing a big decline in their retirement portfolio, and also getting killed to the tune of 20-25% by Bidenflation at the same time.

Oh yeah... I guess getting details on how you got the Audi Q7 while blood was flowing in the streets will be as hard as getting Princess SKB Stevie to tell us if he has been paying Dave the $12.00 fee for sales resulting from his/her Free Tagline Advertising.

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Voting for anti-gun Democrats is dumber than giving treats to a dog that shits on a Persian Rug