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<blockquote data-quote="bird dog" data-source="post: 1601900" data-attributes="member: 5381"><p>Thats the enhanced frame of thought from the old take 4% rule. They bumped it up to 5% for reasons unknown. It should have gone the other way because the market going up 6 to 7% a year is much more difficult in a low interest rate environment.</p><p>These bump ups in what they hope the market will return is why their is so many pension funds not having enough money to pay out as promised. </p><p></p><p>Health care for the elderly is the big problem.</p></blockquote><p></p>
[QUOTE="bird dog, post: 1601900, member: 5381"] Thats the enhanced frame of thought from the old take 4% rule. They bumped it up to 5% for reasons unknown. It should have gone the other way because the market going up 6 to 7% a year is much more difficult in a low interest rate environment. These bump ups in what they hope the market will return is why their is so many pension funds not having enough money to pay out as promised. Health care for the elderly is the big problem. [/QUOTE]
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