• 💰 The 4% rule suggests retirees can withdraw 4% of their retirement savings in the first year and adjust for inflation thereafter.
• 📈 Bengen's research showed that portfolios could last at least 30 years, with many lasting 50 years or more, following the 4% rule.
• 🔄 Asset allocation plays a crucial role in portfolio longevity, with Bengen recommending a 50% stock and 50% bond allocation.
• 💼 Investment management fees and sequence of returns risk can impact the effectiveness of the 4% rule.
• 💡 Dynamic withdrawal rates offer retirees flexibility during market fluctuations.
• 🤔 Despite concerns about market conditions, historical analysis suggests the 4% rule remains a reliable guideline for retirement spending.

Most not passive but provides a model of progression I suppose.

Covered call ETF

3 types of leverage: capital, people, code.