My thoughts exactly, I share the same sentiment. Also, Dividend Growth Investing is a fully automated way to retire, the 4% rule is not as you may have to adjust withdrawal rates depending on the market, inadvertently creating your own sequence risk on top of the already existing sequence risk.
The 4% Rule has always felt like a game of chance to me. This is a great explanation of why it’s not a reliable retirement plan - at least not for me. Dividend growth investing is a long process but hopefully it will provide a long runway of wealth to pass down to my kids!
Great article as always. As well as being a dividend growth investor I'm building a GIC ladder of 3 years of needed income in case of a bad crash. Then I have the option as well of putting my dividends on Drip to take advantage of the lower prices. We are 4 years from retirement and my "ladder" is 82% complete. I don't like the 4% rule myself, I'd much rather live on my Divvy's!
My thoughts exactly, I share the same sentiment. Also, Dividend Growth Investing is a fully automated way to retire, the 4% rule is not as you may have to adjust withdrawal rates depending on the market, inadvertently creating your own sequence risk on top of the already existing sequence risk.
The 4% Rule has always felt like a game of chance to me. This is a great explanation of why it’s not a reliable retirement plan - at least not for me. Dividend growth investing is a long process but hopefully it will provide a long runway of wealth to pass down to my kids!
Great article as always. As well as being a dividend growth investor I'm building a GIC ladder of 3 years of needed income in case of a bad crash. Then I have the option as well of putting my dividends on Drip to take advantage of the lower prices. We are 4 years from retirement and my "ladder" is 82% complete. I don't like the 4% rule myself, I'd much rather live on my Divvy's!